PRODUCTION TECHNOLOGY

AS WE KICK START LET LOOK AT THE BREAKDOWN OF PRODUCTION & TECHNOLOGY AS THE SUBJECT MATTER.

PRODUCTION: It’s simply the act of making or manufacturing from components or raw materials, or the process of being so manufactured. We can also put it that Production is the process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (output). It is the act of creating an output, a good or service which has value and contributes to the utility of individuals.
Furthermore Production is any activity directed to the satisfaction of other peoples’ wants.

IN THE OTHER HAND: TECHNOLOGY AS Merriam-Webster shares his taught, he decribe TECHNOLOGY as the “Application of knowledge to the practical aims of human life or to changing and manipulating the human environment. Technology includes the use of materials, tools, techniques, and sources of power to make life easier or more pleasant and work more productive. Whereas science is concerned with how and why things happen, TECHNOLOGY focuses on making things happen.”