Q.2 What is Consumer ?
Ans. Consumer: An individual who buys goods for personal use and not for resale.
Q.3 Describe about Consumer ?
Producer: A person or organisation that produces goods for sale in the market. At
times, the producer keeps a part of the produce for his own use, like a farmer.
Q.3 What is Investment ?
Investment: Money spent to purchase new machinery or buildings or training so as
to be able to increase/ modernise production in the future.
Q.4 tell us about Workers unions ?
Workers’ unions: An association of workers. Workers’ unions are common in
factories and offices, but might be also found among other types of workers, say
domestic workers’ unions. The leaders of the union bargain and negotiate with the
employer on behalf of its members. The issues include wages, work rules, rules
governing hiring, firing and promotion of workers, benefits and workplace safety.
Anuj bawa
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