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What is consumption ,production and distribution …

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What is consumption ,production and distribution in statistics sense

Posted by Preeti Patel 7 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Chesta Pawan Manchanda 7 years, 1 month ago

The process of Usage goods and services for the satisfaction is called consumption. The process of producing goods and services with the motive of maximum profit is called production. Tge process of distributing income among labours is called distribution.

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