Production involves the creation of goods and services through human effort and the utilization of factors of production. It is defined as any activity intended to increase the value of goods and services to meet human needs. Production occurs through a system and process, taking raw materials and transforming them sequentially through stages of production. It is a key economic activity measured as a benchmark for a country's level of prosperity and per capita income. Experts define production broadly as activities that create usefulness or utility, with the goal of satisfying human wants.