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.

The act of making a product or service available to people.

The act of using a good or product. Satisfaction may only be temporary.

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Production-consumpio

Term	Definition
Wants	The desire or need for a product or service
Production	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.
Consumption	The act of using a good or product. Satisfaction may only be temporary.