what is meant by production? for class-9
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Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output). It is the act of creating an output, a good or service which has value and contributes to the utility of individuals.
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production-in easy language you can say
*convertion of raw material into a finished product.
OR
creation of something new from basic inputs.
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