Economy, asked by nainaparbin63, 10 months ago

why is production important??? ​

Answers

Answered by hariommaurya97
2

production are important because the population rate is increasing day to day then the production is required......

Answered by rohini2225
2

Answer:

Production is important for the following reasons.Production helps to improve our standard of living. Provision of employment opportunity. Productionmakes goods and services available. Production helps to increase export potentials.

Explanation:

For businesses, productivity growth is important because providing more goods and services to consumers translates to higher profits

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