Question

Match the columns:
1. Purchase of goods by consumers to satisfy their various needs.
2. Manufacture of goods by producers for the market.
3. Division of the national income into wages, profits, rents and interests.

A) Distribution
B) Production
C) Consumption

Answer 1

Answer:

C .,B,A ........IS THE CORRECT ANS....

Answer 2

Answer:

1. C
2. B
3. A

Explanation:

• A) Distribution: Divided into wages, profits, rents, and interests from the national income.
• B) Production: production of commodities for the market by producers.
• C) Consumption: purchases made by consumers to meet a range of demands.
• Manufacturing, transportation, and retail are all involved in activities that are continuously looking for ways to cut costs to raise their margins, competitiveness, and market share. Choosing particular locations and facility kinds is a frequent way to accomplish this.

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