Answer:
Group technology
Explanation:
Group technology: This can be defined as a
Manufacturing technique in which functionally-grouped machines are organized into cells to achieve efficiencies.
Group technology is based on the principle that many problems are similar and by grouping similar problems, a single solution can be found to solve a set of problems, saving time and effort.
Group technology is a manufacturing technique in which parts having similarities in manufacturing process and functions are manufactured in one location using a small number of machines.
When a government's expenditures on goods, services, or transfer payments exceed their tax revenue, the government has run a budget deficit. Governments borrow money to pay for budget deficits.
<h3>What is budget deficit ?</h3>
An overrun in spending over income results in a budget deficit, which can be a sign of a nation's financial stability. The phrase is frequently used to describe government spending rather than that of companies or people.
An annual financial statement of the government's proposed revenues and expenditures is known as a budget. The overall gap between government revenues and expenditures is known as the government budget balance, also known as the general government balance, public budget balance, or public fiscal balance.
A government budget deficit is denoted by a negative balance, and a surplus is denoted by a positive balance. For each level of government, a budget is created that accounts for public social security commitments.
The primary balance and interest payments on the total amount of accumulated government debt make up the government budget balance; the two together determine the budget balance.
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Wheres the answer choices.
<u>Answer:</u>
Profits for manufacturers and suppliers
<u>Explanation:</u>
When a product is produced there are producer of goods then comes the manufacturers, who sell it to suppliers, who sell the goods to retailers from where the final user of products that is the consumer purchases.
The money also then is transferred in reverse order. But most of the money goes in the pocket as profits for manufacturers and suppliers. They deal in a bulk or products and therefore keep a nice amount of profit margin.