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- The process of distribution in economics refers to the various stages which finished products pass before reaching the final consumers1. It involves bridging the gap between the manufacturers and the consumers1. There are five types of distribution systems: direct, indirect, intensive, exclusive, and selective2. Each type has different advantages and disadvantages depending on the product, the market, and the strategy of the producer.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The term distributive trade or chain of distribution simply refers to the various stages which finished products pass before reaching the final consumers. The process of distribution implies the series of activities that take place in the task of bridging the gap between the manufacturers and the consumers.
stoplearn.com/channels-and-process-of-distribution/Five Types of Distribution
- 1. Direct distribution This first system comprises directly performing merchandise distribution activities. ...
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WEBdistribution theory, in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production—land, labour, and capital. Traditionally, economists have studied how the costs of these factors and the …
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See more on economicsdiscussion.net‘Distribution’ refers to the sharing of the wealth that is produced among the different factors of production. In the modern time, the production of goods and services is a joint operation. All the different factors of production i.e., land, labour, capital and enterprise are combined together in productive activity. Productive activity is thu…- Estimated Reading Time: 9 mins
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WEBIn this way, the theory of distribution in economics is concerned with the allocation of total production among various factors of production as a reward as rent, wages, interest and …
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Distribution (economics) - Wikipedia
In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital). In general theory and in for example the U.S. National Income and Product Accounts, each unit of output corresponds to a unit of income. One use of national accounts is for classifying factor incomes and measuring their respective shares, as in national Income. But, where focus is on income of persons or househol…
Wikipedia · Text under CC-BY-SA license- Estimated Reading Time: 6 mins
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