हिंदी

The transformation of resources into economic goods and services is called ______. - Economic Applications

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प्रश्न

The transformation of resources into economic goods and services is called ______.

विकल्प

  • Technical efficiency

  • Augmentation

  • Production

  • Transfiguration

MCQ
रिक्त स्थान भरें

उत्तर

The transformation of resources into economic goods and services is called Production.

Explanation:

Production refers to transforming resources (such as labour, land, and capital) into economic goods and services that satisfy human wants. This process involves combining various inputs to produce output, which can then be consumed or used to create further value.

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Production is Transformation
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Factors of Production - QUESTIONS [पृष्ठ ११२]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTIONS | Q 41. | पृष्ठ ११२
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