Question

question-5 (10 points) from the oecd statistics, obtain data on the gross output (in mexican currency) generated in the following mexican manufacturing industries: (i) food products, beverages and tobacco, (ii) textiles, wearing apparel, leather and related products, (iii) wood and paper products, and printing, (iv) chemical, rubber, plastics, fuel products and other non-metallic mineral products, (v) basic metals and fabricated metal products, except machinery and equipment, (vi) machinery and equipment, (vi) transport equipment, (vii) furniture; other manufacturing; repair and installation of machinery and equipment use a pie or a bar chart, show the contribution of each industry to total manufacturing in 2018. (excel file must be submitted along with your report).

Answer 1

The student is to gather data on Mexican manufacturing industries' gross output and display their contributions to the total manufacturing sector in 2018 using charts. Organizing data in a table format is recommended for accuracy and ease of analysis.

Step-by-step explanation:

The student is tasked with collecting data on the gross output in Mexican currency for various Mexican manufacturing industries from OECD statistics. These industries include food products, textiles, wood and paper products, chemicals, basic metals, machinery and equipment, transport equipment, and furniture, among others. The goal is to analyze and present the contribution of each industry to the total manufacturing gross output in 2018 using a pie or bar chart. This requires an understanding of economic concepts such as GDP, industrial productivity, durable and nondurable goods, and the classification of sectors like goods-producing and services-providing.

To approach this task, organizing the necessary data into a table can be extremely helpful. This would streamline the process of creating visual representations such as pie or bar charts. The student will need to ensure accurate data collection and analysis to reflect the proportions of each sector's contribution to the overall manufacturing industry. Moreover, this task highlights the broader economic picture where sectors like manufacturing and industry substantially contribute to GDP and employ a significant portion of the workforce, supporting strong growth rates within the country.