definition of exchange and production?

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definition of exchange and production?

2006-12-09 21:12:54 · 2 answers · asked by Anonymous in Education & Reference ➔ Homework Help

2 answers

exchange- giving and receiving: the action or process or an instance of exchanging something for something else or for something the same

production-making of something: the making or creation of something

2006-12-09 21:17:26 · answer #1 · answered by blueboy 2 · 0⤊ 0⤋

give one thing to one and get another from them -- exchange

what you prepare a new -- manufacture -- grow that is production

2006-12-10 05:18:50 · answer #2 · answered by hari prasad 5 · 0⤊ 0⤋