Economy, asked by EktaArun, 11 months ago

Output Employment relationship ??? Answer Hindi m de.​

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Answered by shivanshusingh97
0

Economic well-being is created in a production process, meaning all economic activities that aim directly or indirectly to satisfy human wants and needs. The degree to which the needs are satisfied is often accepted as a measure of economic well-being. In production there are two features which explain increasing economic well-being. They are improving quality-price-ratio of goods and services and increasing incomes from growing and more efficient market production.

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