Question

How do producers think of workers?

Answer 1

Producers think of workers in two ways, as consumers and as producers of goods and services.

A producer is responsible for putting on the market services and goods. Producers group included government, businesses, investor and individuals and they can hire workers for producing goods and services for them.

A worker as a consumer buys and pays for goods and services.

A worker as a producer can originate economic value, or produces goods and services.