answersLogoWhite

0


Best Answer

Assuming a company has been created for commercial purposes, then "productive" means that the people within the company are expected to deliver the goods or services for which the company was created. In order to create goods or deliver services individuals must be "productive". As to why it is "important" to be productive, the alternative to productive is non-productive, and the "non" also leads to non-income, non-profit and pretty quickly non-company!

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why is it important for economic production?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is Iraqi's most important economic activity?

oil production


What could be considered an important aspect of the American economic system?

mass production


The history of economic growth in the nineteenth century focused on what as the most important factor of production?

Capital


Commercial flowerbulb production is an important economic activity in what country north of belgium in Europe?

Holland


What are the factors of production in an economic system?

The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.


Under what system does the government owns nearly all the means of production and directs all important economic activities?

Socialism


Why is GDP an imperfect measure of the total production in the economic?

because it include all production values, so it is imperfect measure of the total production in the economic.


What process of sexual reproduction of plants is important for the economic?

The seeds produced in plants are often contained in fruit. So seed production.


What are the major economic activities of the Persian Gulf?

Major economic activities in the Persian Gulf and interior areas of the region include oil production, farming, and gas production.


Why is diversifying crops important in Africa?

Diversifying crops is important in Africa for various reasons. It helps sustain food production and also gives the country various economic products.


How distribution is manifested in the political economies?

Distribution in political economies refers to how resources, wealth, and opportunities are allocated among individuals and groups in society. This can be influenced by various factors such as government policies, market forces, and social structures. Manifestations of distribution can be seen in income inequality, access to public services, and disparities in economic outcomes among different segments of the population. Political decisions and power dynamics play a significant role in shaping how distribution is structured within a society.


What is Tertiary Production?

Tertiary production is part of the three sectors of the economic theory. The tertiary production refers to the creation of intangible goods and provides services to the two other sectors of economic theory.