value chain
Word Rarity
Uncommon
Frequency: Zipf frequency 4.53 in modern English
18
Scrabble Score
10
Letters
2
Syllables
9
Unique Chars
Meaning
noun
A progression of activities that businesses or firms perform in order to deliver goods and services of value to an end consumer.
Example Sentences
- "Africa’s growing demand for wood products presents an opportunity to build a resilient bioeconomy that creates jobs, strengthens local industries and reduces pressure on natural forests. Wood remains one of Africa’s most vital natural resources, supporting livelihoods, economic development and industrial growth across the continent. According to the Food and Agriculture Organization’s Global Forest Resources Assessment 2020, more than 600 million Africans depend on forests and trees for their livelihoods, relying on wood value chains for employment, energy, construction materials and income generation. The sector supports industries such as furniture manufacturing, paper production, packaging, electricity transmission, housing and construction. In rural Africa, wood and tree-based systems also provide fuel and income, forming a cornerstone of household survival. As population growth and urbanization accelerate, demand for wood products is rising sharply, creating both opportunities and challenges for sustainable development. Harnessing this potential could position the wood sector as a driver of economic transformation and green growth. At the centre of this opportunity is the idea of a resilient wood-based bioeconomy, an approach that sustainably uses renewable biological resources like wood and forest products to produce materials, energy and services while safeguarding ecosystem health."