Question

what is production?what are its aims

Answer 1

hey frnds.......

It is the act of creating output, a good or service which has value and contributes to the utility of individuals. Economic well-being is created in a production process, meaning all economic activities that aim directly or indirectly to satisfy human wants and needs......

I hope its help you

plz mark on brainliest

Answer 2

production is a process of combining various materials and immaterial inputs i order to make something for consumption.Economic well being is created in a production process,meaning all economic activities that aim directly and indirectly to satisfy human wants and needs.