what is the relation between production, distribution and consumption?
Answers
Answer:
Production, distribution, and consumption are related to how goods and services are created and made available to the public. The production, distribution, and consumption of goods can be considered on a local, national, and global scale
Answer:
Production, distribution, and consumption are related to how goods and services are created and made available to the public. The production, distribution, and consumption of goods can be considered on a local, national, and global scale.
Production creates articles corresponding to requirements; distribution allocates them according to social laws; exchange in its turn distributes the goods, which have already been allocated, in conformity with individual needs; finally, in consumption the product leaves this social movement, it becomes the direct ...