Question
Mode of production
Answer :
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Mode of production refers to the way in which society organizes its economic activities, including the production of goods and services. It involves the means and relations of production. The means of production are the physical instruments and materials needed for production, such as tools, machinery, and land. The relations of production refer to the social relationships that exist between individuals and groups involved in the production process, especially in relation to ownership and control over the means of production. In economic sociology, the mode of production is often studied within
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