What is the process by which goods and services are brought into existence?

Question

Quizplus · Accepted Answer

Production is the process by which goods and services are brought into existence. Consumption refers to the use of goods and services, while distribution refers to the process of getting goods and services to consumers. Materialism refers to a focus on material possessions and wealth, and is not directly related to the creation of goods and services.

What Is the Process by Which Goods and Services Are