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Question Describe the inputs, processes, and outputs in an industrial system with an example.
An industrial system consists of inputs, processes, and outputs. Raw materials, labour, costs, transport, power and infrastructure are inputs. In a cotton textile industry, for example, inputs are cotton, human labour, transport cost, etc. Processes are activities done to convert raw material into finished products. In a cotton textile industry, ginning, spinning, weaving, dyeing, etc process. The finished product and all profits earned are the outputs. In the cotton textile industry, the outputs are clothes we wear.