Economy, asked by sahilkumar9, 1 year ago

what is meant by mean of production. Explain

Answers

Answered by yooseungho
1
the action of making manufacturing from component or raw materials or the process of being manufactured

yooseungho: I hope you understand the meaning of production
Answered by parkjimin199525
3

 \huge \underline\textbf{Answer}

In economics and sociology, the means of production (also called capital goods or productive property) are physical and non-financial inputs used in the production of goods and services with economic value. These include raw materials, facilities, machinery and tools used in the production of goods and services.

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