meaning of Production process
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ᴛʜᴇ ᴀɴsᴡᴇʀ ɪs
Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (outpuᴛ))...............
ᴛʜᴇ ᴍᴇᴀɴɪɴɢ:::: ᴛʜᴇ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴘʀᴏᴄᴇss ɪs ᴄʀᴇᴀᴛᴇᴅ ғᴏʀ Economic well-being is created in a production process, meaning all economic activities that aim directly or indirectly to satisfy human wants and needs.................
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