the theory of distribution analysis is the principles which explain
Answers
Answer:
The theory of distribution in economics can be explained as the analysis of the principles which looks at a systematic approach which looks at the sharing of the national income including owners of the factors of production like land, labour, and capital.
In economics, general distribution refers to the way total output, income, or wealth is distributed among individuals or among the factors of production.
Explanation:
Sharing the wealth that is produced among the different factors of production is called distribution. Today, you can find a joint operation system in every manufacturing company and this joint operation is done between then goods and services. Apart from that, there are different factors of production such as land, labour, capital and enterprise can work together, and you can find different types of distribution such as physical distribution, personal distribution and functional distribution.