Talk:Production (economics)

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In economics, production is the act of satisfying a want or need.[1) Seriously? Satisfying a want/need is production? So, eating is production? Honestly!

Production must involve applying resources. This application/usage must involve some effort. The effort/process is what creates use/place/time value or utility. The outcome of this effort is what then satisfies the need/want.

Production is the act of creating value.

George Odhiambo Nalugala, Nairobi, Kenya.

Propose merge to Output (economics)[edit]

Seems to be the same topic. Any objections? LK (talk) 03:15, 11 October 2012 (UTC)