Production, distribution and consumption

Production is the process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (output). It is the act of creating an output, a good or service which has value and contributes to the utility of individuals.

Distribution means to spread the product throughout the marketplace such that a large number of people can buy ___ ___ ________ ______ _____ _________ _______.
_______ ____ ___ ____ __________.
__________ __________ ________ ________ ___ _________ _______.
______ _________ __________ _____ __________ _________ _______ _____ _____ __________ ____.
_____ _______ ______ __________ ___ ________.
________ _________ ___ _________ ______ ________ ____.
_________ _________ _____ ______ __________ _________ ____ ___ _______.
_______ _________ _________ _________ __________.
_____ ___ ______ ________ _______ ____ __________ ______ ______ _______ _________.
________ ________ __________ ________ _________ _______ __________ ____ ____.
___ __________ ________ __________ __________ __________ _________ _______.
__________ ______ __________ __________ ___ ___ _______ ____.
________ _______ ___ _______ _________ _______ ___ _________ _______ ____ ________.
____ ________ ____ ________ ________ _______ _______.
__________ ____ __________ _____ _________ ________ _____ _________ ______.
____ __________ ____ _____ ___.
____ ____ _________ ___ ________.
_______ ______ _______ __________ ______ ___ _________ ________ ______ _______ ___.
_____ ____ _____ __________ ____ _____ ________ _______ __________ ____ ___ __________.
_________ _________ ________ ___ __________ ___ __________ _______ __________ ________.
__________ __________ ____ ____ ___ ___ _____ ___ _______ ______ ____ ______.
_______ ________ ______ ___ ________.
_____ _________ __________ ____ ______ _____ _______.
Get Full Answer on WhatsApp