Production Prepared by the student of the group of е k/b-18-5o Vyrezub Denis

Denis

5. Group of industries
6. Market
7. Factor of production

services) to meet the needs of people.
In the history

of mankind, it was production that formed the basis for the development of the economy. At first, such a basis was agricultural production, then-industrial, since the middle of the XX century. technical progress has turned science into the main driving force of economic development. Based on scientific achievements, products are created that do not exist in nature.

What is it?

produced (what purpose goods are produced),
in what quantity

is produced (volume of production),
the number of employed workers,
the scale of production (from home production to the production of the country), etc.

Characteristics

an enterprise (factory, firm, cooperative, etc.). Most enterprises in the

economy are grouped by industry.
A branch of the economy is a set of enterprises and organizations that produce similar products or services.

Companies

long historical process: from fishing and hunting at the beginning

of the historical path of mankind to modern agriculture and diversified industry.

Industries

of industries includes, for example, education, medical care, art, science,

transport and communications.

Group of industries

there was an economic isolation of people in the manufacture

of a product, then there was a need to exchange the results of their labor between the producers of products. Gradually mass production of goods to the market becomes a prerequisite for the development of capitalism and makes commodity production the most progressive form of organization of the economic life of society. The modern world economy is dominated by commodity relations.

Market

combine nature, man, and technology. The main groups of resources

used in the production process are called factors of production (from lat. Factor-making, producing).

Factor of production