Answer :

farmers are the producer and rice, wheat, fruits are the product. Similarly, carpenter is a producer and wooden material is produced.

A producer is a person or organisation who utilises factors of production for the conversion of raw material into a final product which is consumed by the consumer. Product is the final product as a result of the production process. The food we consume, electronic devices we use, are a result of the production process.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Let's learn about PalampurLet's learn about PalampurLet's learn about Palampur47 mins
People As ResourcesPeople As ResourcesPeople As Resources53 mins
Nouns and PronounsNouns and PronounsNouns and Pronouns48 mins
Constitution - Formation and ObjectiveConstitution - Formation and ObjectiveConstitution - Formation and Objective63 mins
Elections- Mechanism and TypesElections- Mechanism and TypesElections- Mechanism and Types48 mins
Construction-2Construction-2Construction-244 mins
Construction-1Construction-1Construction-145 mins
Work and Types of Work doneWork and Types of Work doneWork and Types of Work done40 mins
Introduction to Lines and AnglesIntroduction to Lines and AnglesIntroduction to Lines and Angles60 mins
Speed and VelocitySpeed and VelocitySpeed and Velocity42 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Explain the conceRajasthan Board - Social Science

Write the merits Rajasthan Board - Social Science

What is economy aRajasthan Board - Social Science

What is socialistRajasthan Board - Social Science

Mention an examplRajasthan Board - Social Science

Define consumptioRajasthan Board - Social Science

Mention the name Rajasthan Board - Social Science

How is man presenRajasthan Board - Social Science

Which of the follRajasthan Board - Social Science

Which economy givRajasthan Board - Social Science