In 1 or 2 sentences, describe how both producers and consumer use money.

The producer uses money because he has to buy his material, and often they need money to purchase people to help manufacture their items. The consumer needs money to purchase the item that they want to purchase

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obasola1 obasola1 · Answer 2 · 2020-02-23T19:35:05+01:00

Answer:

Producers are manufacturers or creator of goods and services. Money will usually move from the hands of those who don't have to the hands of those who have value to give. So money answers to value.

Producers use money to create products and services. They make use of money to push the goods out there in terms of advertisement and publicity. Consumers on the other hand, buy up the products to meet specific needs.

Hence the use of the statement that " Money usually move from the hands of those who do not have to the hands of those who have"

Explanation:

Producers are manufacturers or creator of goods and services. Money will usually move from the hands of those who don't have to the hands of those who have value to give. So money answers to value.

Producers use money to create products and services. They make use of money to push the goods out there in terms of advertisement and publicity. Consumers on the other hand, buy up the products to meet specific needs.

Hence the use of the statement that " Money usually move from the hands of those who do not have to the hands of those who have"