Question

Production is the process of

• A. Consuming goods and services
• B. Producing goods and services to meet human needs
• C. Distributing goods and services
• D. Importing and exporting goods and services

Answer 1

Answer:

B. Producing goods and services to meet human needs

Through the production process

• Production is the process of producing goods and services to meet human needs.

• Products produced by - Production unit

• Using manufactured products

• Household unit