what is the aim of production?
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The aim of production is to produce goods and services to satisfy the needs of people as per their demand.
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The aim of production is to produce the goods and services that we want. There are four factors of production: (i) Land. The first requirement of production is land, and other natural resources such as water, forests, minerals.
Hope it helps you
The aim of production is to produce the goods and services that we want. There are four factors of production: (i) Land. The first requirement of production is land, and other natural resources such as water, forests, minerals.
Hope it helps you
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