click below
click below
Normal Size Small Size show me how
Economics
| Term | Definition |
|---|---|
| Factors of Production | The materials that people combine to make something that satisfies our wants or needs. |
| Production to Consumption | The desire or need for a product or service, the combination of the land, labor, and capital to make a good or provide a service. |
| distribution | The act of making a product or service available to people. |