Get premium membership and access questions with answers, video lessons as well as revision papers.

Outline five ways in which a society benefits from indirect production

      

Outline five ways in which a society benefits from indirect production

  

Answers


Bonface
i)One can acquire goods he or she cannot produce

ii)Improved use of technology due to large scale production hence high output

iii) The society benefits from high quality products

iv)There is high specialization hence high quality products

v)The surplus can be sold to the market hence source of income.
Biokenya answered the question on December 4, 2017 at 20:22


Next: Explain five benefit that a private limited company would get by converting to a public limited company
Previous: Explain five disadvantages of using direct taxes to raise government revenue

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions