Production is a socially defined activity. An object, which is produced is considered as a product only if it is determined as valuable by society. To be termed as valuable, the product must have 'value in use' and 'value in … Read more
Economy is embedded in society. Human beings in society rely on the economic system to satisfy the biological and social needs with goods and services. Economic system maintains the processes of production, distribution and consumption in society in an organised … Read more
Education is imparted through a specific agency like school. It is regulated, time-bound and regular. Education is a school oriented learning process, which is based on a system. Education helps in the integration of a child in society.
Learning is … Read more