Economy – The Production Process

The content covered in this section:

  • Definition of concepts: production; inputs and outputs; sustainable use of resources.
  • Distinguishing between inputs and outputs.
  • Explaining the meaning of economic growth and productivity.
  • Discussing the effects of productivity on the economic growth.
  • Showing how technology could be used in the production process.
  • Discovering the contribution of technology to improving productivity and economic growth.

Sustainability related topics in CAPS:

  • Sustainable use of resources

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