1.1 What is a Product?

A good or a service is a when it:

  1. is marketed on The Open Market (open to all on equal terms,)
  2. is needed and wanted and
  3. does not harm the survival of the individual, family, society, mankind and/or environment.   Or it can be stated by saying, “a good or a service is a Product if it assists the survival of the individual, family, his/her groups, mankind and the environment.”
Producer Rewarded Open Market Economics
The Science of Economics
By: R P Obrigewitsch
February, 27, 2011


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Sunday, February 27th, 2011 Producer Rewarded Economics

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