ENTREPRENEURSHIP

Detailed explanation-1: -Producers, namely business actors who make, produce goods and/or services from other goods and/or services (raw materials, additional/auxiliary materials, and other materials) to be sold or marketed. Producers on a large medium scale are often called manufacturers.

Detailed explanation-2: -Producers are people who make or grow goods and provide services. Sometimes they are called workers, and they help us do things. For example, a florist is a producer who makes pretty bouquets.

Detailed explanation-3: -A market producer is an establishment or enterprise whose output is most or all marketed. It is perfectly possible for market producers, both small unincorporated enterprises and large corporations, to have some non-market output in the form of production for own final consumption or gross fixed capital formation.