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What is producers and consumers

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What is producers and consumers

Posted by Isita Kour?? 6 years, 5 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 6 years, 5 months ago

We participate in the market both as producers and consumers.

As producers of goods and services, we could be working in any of the sectors like primary, secondary or tertiary.
Consumers participate in the market when they purchase goods and services that they need. These are the final goods that people as consumers use.

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