Question : The basic objective of all production is to:
Option 1: satisfy human wants
Option 2: provide employment
Option 3: make profit
Option 4: increase physical output
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Correct Answer: satisfy human wants
Solution : The correct answer is to satisfy human wants .
The fundamental goal of all manufacturing is to generate commodities and services that fulfil human desires and needs. To put it another way, the primary goal of production is to create items that may be consumed, utilised, or otherwise benefit people as well as society as a whole.
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