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✅ Utpadana (Production) – Economics Class 12 CHSE Odisha”. -- 1. Utpadana (Production) | Class 12 Economics | CHSE Odisha Plus Two Arts 2. Production in Economics | Utpadan Q&A | Class 12 CHSE Odisha Economics 3. CHSE Odisha Economics Class 12 | Utpadan (Production) Long & Short Questions 4. Plus Two Economics Odisha | Production Chapter Questions & Answers | CHSE Board 5. Utpadan Economics Class 12 | CHSE Odisha Plus Two Arts Exam Preparation --- 🏷 Keywords Utpadan Economics Class 12 Production in Economics CHSE Odisha Class 12 Economics Plus Two Odisha Utpadana long question answer economics CHSE Odisha economics questions class 12 Economics chapter production class 12 Odisha plus two economics utpadan Economics class 12 CHSE Odisha CHSE Odisha class 12 arts economics Production function class 12 odia --- 🔑 keywords Utpadan production economics class 12 CHSE Odisha Class 12 Economics questions and answers Odisha Board Plus two economics long questions production CHSE Odisha economics important questions Production function in economics class 12 notes Odisha CHSE arts economics class 12 syllabus questions Class 12 utpadan odia medium economics Demand, supply and production economics CHSE Odisha CHSE Odisha question paper economics class 12 Plus two arts economics odia medium questions --- #️⃣ Hashtag #Utpadan #EconomicsClass12 #CHSEOdisha #PlusTwoArts #EconomicsNotes #ProductionEconomics #A2ZOdiaTutorial #CHSEExam2025 #Class12Economics --- 📌 📘 Utpadan (Production) – Economics Class 12 | CHSE Odisha Plus Two Arts Welcome to A2Z Odia Tutorial! In this video, we provide a detailed explanation of Utpadan (Production) from Class 12 Economics CHSE Odisha, specially designed for Plus Two Arts students. This lesson is based on the CHSE Odisha Economics Syllabus and will help you prepare effectively for the upcoming Board Examinations. --- 🔹 What is Utpadan (Production) in Economics? Production is one of the most fundamental concepts in economics. It refers to the process of creating goods and services to satisfy human wants. In Odia, it is called Utpadana (ଉତ୍ପାଦନ). In economics, production is not limited to the physical making of goods. It also includes the provision of services such as education, healthcare, transportation, and banking. Thus, production means the creation of utility (upayogita) in goods and services. --- 🔹 Types of Production (Utpadanara Prakar) 1. Primary Production (Prathama Utpadan) – Agriculture, fishing, mining, forestry. 2. Secondary Production (Dwitiya Utpadan) – Manufacturing, processing, industrial activities. 3. Tertiary Production (Trutiya Utpadan) – Services like transport, communication, education. --- 🔹 Factors of Production (Utpadanara Ghataka) Economists classify production into four major factors: 1. Land (Jami) – Natural resources like soil, minerals, forests. 2. Labour (Shrama) – Human effort, both physical and mental. 3. Capital (Punji) – Man-made resources like tools, machines, buildings. 4. Organisation / Entrepreneurship (Sanghathana) – The entrepreneur coordinates land, labour, and capital. Each of these plays a vital role in production and determines the productivity of the economy. --- 🔹 Production Function (Utpadana Karjya) The production function explains the relationship between inputs (factors of production) and output (final goods/services). General form: Q = f(L, K, O, R) Where: Q = Output L = Labour K = Capital O = Organisation R = Resources (Land/Natural) --- 🔹 Laws of Production (Utpadanara Niyama) There are two important laws of production in economics: 1. Law of Variable Proportions When one factor of production changes and others remain constant, output increases at first, then decreases after a point. Stages: Increasing Returns Constant Returns Diminishing Returns 2. Law of Returns to Scale Explains how output changes when all inputs are increased simultaneously. Stages: Increasing Returns to Scale Constant Returns to Scale Decreasing Returns to Scale --- 🔹 Importance of Production in Economics Provides goods and services for human needs. Increases employment opportunities. Promotes industrial and agricultural growth. Raises standard of living. Helps in national income growth. -