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Costs of a production that affect people who have no control over how much of a good is produced?

spillover cost


What are costs of production that affect people who have no control over how much of a good is produced?

a supply shock


Marx believed that the should completely control production?

The people should control production and distribution. Production should take place to meet human need.


What affects our interpretation of world society and people around us?

our production values, our vocabulary, our worldview, or our connotations


How does paper production affect people?

Wood is consumed to print shit and wastes are produced.


What farming allowed people to control?

Agriculture allowed people to control their food production by cultivating plants and raising animals for food. This led to settlements, surplus food production, and the development of complex societies.


Socialist systems often have mixed economies because the state?

Socialist societies do not have ‘mixed economies’ or a state. The means of production are owned by all the people in common and production takes place to meet human nee, with free access to what is produced.


Importance of food production?

Food production is important for survival. People cannot live without food. The species would die out of food was no longer produced.


What is socialism characterized by?

Government ownership of most productive resources


What is the type of economy where government controls all industry and production?

State capitalism. In Socialism it is the people who control production and distribution, the aim of production being to meet human need.


What is and Costs of production that affect people who have no control over how much of a good is produced referring to?

Costs of production refer to the expenses incurred by businesses in creating goods or services, including costs like raw materials, labor, and overhead. People who have no control over production levels, such as consumers or workers in affected industries, may face fluctuations in prices and job stability due to changes in these costs. For instance, if production costs rise, companies might increase prices, impacting consumers' purchasing power, or they may cut jobs to maintain profit margins, affecting workers' livelihoods. Thus, production costs can significantly influence the economic well-being of individuals who are not directly involved in the production process.


Step in production control?

Production control creates a well-defined set of procedures for coordinating people, materials, and machinery. These steps are: 1. Planning 2. Routing 3. Scheduling 4. Dispatching 5. Follow-Up