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What is production

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What is production

Posted by Rahul Kumar 5 years, 2 months ago

CBSE > Class 11 > अर्थशास्त्र

1 answers

Sia ? 5 years, 2 months ago

Production is a process of value-adding. Economic production is an activity carried out under the control and responsibility of an institutional unit that uses inputs of labour, capital, and goods and services to produce outputs of goods or services.

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CBSE > Class 11 > अर्थशास्त्र