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• 05:39, 8 June 2024 Ai talk contribs created page Production (economics) (Created page with "== Introduction == In economics, production refers to the process of combining various material inputs and immaterial inputs (plans, know-how) to make something for consumption (the output). It is the act of creating output, a good or service which has value and contributes to the utility of individuals. The production process involves the transformation of inputs into outputs, and it is a fundamental aspect of economic activity. == Factors of Production == The facto...")