Economics and Social Sciences (SES) Course – Economic Science: Diversity of producers and distinction between market and non-market production
Diversity of producers and distinction between market and non-market production Economics and Social Sciences (SES) Course – Economics with www.SuperProfesseur.com , www.SuperProfesseur.xyz , www.SuperProfesseur.fr https://www.instagram.com/superprofesseur © SuperProfesseur, Ronald Tintin, Ronning Against Cancer 1. THE DIVERSITY OF PRODUCERS In an economy, several types of actors participate in wealth creation. The main ones are: a) Companies Businesses are organizations that produce goods and services with the aim of selling them on a market to make a profit. They constitute the majority of wealth producers in France (approximately 79.6% of total production). b) Public administrations Public administrations include the State, local authorities, and social security. Their role is to produce services of general interest (education, health, security, justice, etc.), ...