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People who create and provide goods and services are known as
People who create and provide goods and services are known as
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Solution
The correct option is D producers
The process of conversion of raw materials to usable goods is known as production. People who provide goods and services for consumption and resale are known as producers.
For example, farmers are producers of food grains, fruits, and vegetables. The government is a producer of certain essential services like police services, defence, public healthcare, education, banking, and more.
The process of conversion of raw materials to usable goods is known as production. People who provide goods and services for consumption and resale are known as producers.
For example, farmers are producers of food grains, fruits, and vegetables. The government is a producer of certain essential services like police services, defence, public healthcare, education, banking, and more.
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