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Meaning and characteristics of indirect production.

Answer Text:
Indirect production.
-Refers to production of goods and services for sale.
Characteristics of indirect production.
-It is practised on large scale.
-Goods and services produced in indirect production are mostly for sale.
-Encourage specialization and division of labour.
-Encourage specialization and division of labour.
-Leads to production of high quality products.
-Applies modern management practices.
-It leads to surplus production output due to specialization.