PRODUCTION, DISTRIBUTION AND CONSUMPTION OF GOODS AND SERVICES
PRODUCTION, DISTRIBUTION AND CONSUMPTION OF GOODS AND SERVICES
2 Distribution
Consumer
Client
Retail
Also called retailers, they sell to the final customer.
Wholesaler
They purchase their products directly from manufacturers or agents, sell to retailers or other manufacturers.
Producer
Factory
Consumption
Public
Private
Value of all purchases of goods and services made by family units and private non-profit institutions
Economic system
Market
Promotes the exchange and specification of work
planned
State, who makes the big decisions
primitive
Primary needs such as food
1 Production
Worked
It refers to all the human, physical and mental capacities possessed by workers.
Capital
It refers to all those goods or manufactured articles in which an investment has been made and which contribute to the production
