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!
mass production
oil production
Capital
Holland
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.
oil production
mass production
Capital
Holland
Corn is the most important crop in Pennsylvania, both in terms of production volume and economic value. It is used for various purposes such as livestock feed, ethanol production, and food products.
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.
Socialism
because it include all production values, so it is imperfect measure of the total production in the economic.
The seeds produced in plants are often contained in fruit. So seed production.
Major economic activities in the Persian Gulf and interior areas of the region include oil production, farming, and gas production.
Diversifying crops is important in Africa for various reasons. It helps sustain food production and also gives the country various economic products.
The most important tool for analyzing the production, distribution, and consumption of goods and services is economic models. Economic models are theoretical frameworks that economists use to analyze real-world economic phenomena. These models help economists understand the relationships between different economic variables and predict the outcomes of various economic policies and decisions. By using economic models, economists can make informed decisions about how to allocate resources efficiently and effectively in an economy.