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State four characteristics of direct production
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Jun 24, 2021
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Business Studies Form 1
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anonymous
State four characteristics of direct production
production
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Jun 24, 2021
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anonymous
Production is for own use / Subsistence production
Low level of technology is used in production
Good produced are often low quality
Goods are produced in low quantities/ no surplus
Producer is involved in all stages of production/ lacks division of labour
Producer earns no extra income
Producer's living standards lack variety
Producer strives to produce a variety of commodities/ lacks specialization
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