lectur7-page43

Lectur7-page43 - state highways county roads and paths on a road map Part of the physical distribution system What are all those tractor-trailers

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43 43 Rationing Process What to Produce? Consumers Producers Distribution Financial Physical Organize Prodtn. Process Functions of Any Economic System consumers from producers producers for consumers Once the producer has acquired and paid for the resources necessary for production, production begins. Well, how do all those goods and services get from the producer to the consumer? Well, they usually go through a physical distribution system. What are all the interstates,
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Unformatted text preview: state highways, county roads, and paths on a road map? Part of the physical distribution system. What are all those tractor-trailers doing riding up and down all those interstates, state highways, county roads and paths? They are physically moving goods from one geographical location to another. What is a WalMart, Kmart, Sears, or CVS pharmacy? They are physical distribution centers! They are where you and I go to get our goods and services....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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