Economy, asked by Eklvya, 1 year ago

What is production? give example

Answers

Answered by TheRuhanikaDhawan
7
Production is a process of combining various material like raw materials as inputs and manufacture something which is useful to us and has some value for what we produce
to produce something we need raw materials, skill, power, knowledge etc

example---- production of cars 
in order to produce cars we need raw materials, skill, power, knowledge etc only then we can produce a car , if we are lack of knowledge we will not be successful in producing a car, likewise raw materials is also needed

TheRuhanikaDhawan: thanks
Eklvya: well i should thank u i always get best answers from u
TheRuhanikaDhawan: :)
TheRuhanikaDhawan: welcome
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