What is the relationship between taxation and production?
the relationship between taxation and production is that taxation is the process where by a business firm provides a certain amount of money to the national government after doing a certain transactions
while production is the creation of goods or services for exchange and satisfying human needs or wants
their relation is that both of them works on increasing government income, and their depending to each other, for example without production there wont be taxation because taxes are mostly collected from the production of goods and services.
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