Germany is well known for producing cars (Audi, Volkswagen, Porsche) and heavy industry in the Ruhr area (chemicals, coal, steel). Germany relies heavily on SME for production. Main industries are mechanical engineering, automotive and electrical engineering.
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Germany manufactures a wide range of goods ranging from foods, automobiles, clothes and electrical products. These might include Mercedes, Benz, BMW and Volkswagen vehicles, precision machinery, Breitling watches, wines and Adidas sportswear.
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Machine building, automobiles, electrical engineering and electronics, chemicals, and food processing.
Consumers determines what goods and services are produced.
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
what goods and services should be produced? How should goods and services be produced? who should get and use the goods and services?