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Darya [45]
2 years ago
11

One of the main questions of economics involves deciding upon the method for

Social Studies
2 answers:
Naya [18.7K]2 years ago
7 0

Answer:

The correc t answer is B) creating goods and services .

Explanation:

From the point of view of the economy, production is the activity that provides added value for the creation and supply of goods and services, that is, it consists of the creation of products or services and, at the same time, the creation of value, also By production in a broad sense, we understand incorporating new utilities into things, that is, not only the generation of products with qualities other than their origin, but simple modifications to their natural structure of the factor that gives them a new use. It is the activity that takes place within an economic system. More specifically, it is the ability of a productive factor to create certain assets in a given period. The concept of production is based on the conversion or transformation of one or more goods into different ones. Two goods are considered to be different from each other when they are not completely interchangeable by all consumers.

The economic concept of production encompasses a broader range of activities than is understood by the generic concept of current language production. Production is the development or manufacture of physical objects, but also the provision of services (medical doctors, education, shows, restaurants, etc.). At present, services constitute the bulk of the total production of industrialized countries. Thus, in an economic sense, the term encompasses all those activities that are not strictly consumption.

Sphinxa [80]2 years ago
4 0
B) creating goods and services
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