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Please explain using economics; how a meal gets to your table (home or restaurant) and clothing gets in your closet.

2007-03-25 14:02:42 · 3 answers · asked by Louis max j 1 in Social Science Economics

3 answers

Food
Field
Processor
plant
packaging
store
home

Clothes
Cotton plant
Bails
Gin
weaver
factory
distributor
store
consumer

2007-03-25 14:08:10 · answer #1 · answered by Santa Barbara 7 · 0 0

It starts with the desire to have those items and someone elses realization that they can provide them at a profit. Each step of the process ads value and profit. The only reason that the food gets on your table and the clothing gets in your closet is because you have provided the highest return for these items. If it was financially more benificial for these same items to be on someone elses table or closet, then the would be. Some day food will be used to make fuels and it may take a much higher portion of your income to keep it on your table. The same plants that provide clothing and food may be diverted to other uses if it is more benificial,

2007-03-25 17:52:16 · answer #2 · answered by chrysler_link 2 · 0 0

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2016-11-23 15:34:00 · answer #3 · answered by ruple 4 · 0 0

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