Explain the following term: Ginning mill, Exporter and Profit. - Vidyadip

Question

Explain the following term: Ginning mill, Exporter and Profit.

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Answer

Ginning mill: A factory where seeds are removed from cotton bolls. The cotton is pressed into bales to be sent for spinning into thread.
Exporter: A person who sells goods abroad.
Profit: The amount that is left or gained from earnings after deducting all the costs. If the costs are more than the earnings, it would lead to a loss.

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