Combining the creation of many similar products into one relevant measure of activity is called ; translating that value into individual estimates corresponding to specific products is called

Combining the creation of many similar products into one relevant measure of activity is called Aggregation.

translating that value into individual estimates corresponding to specific products is called Disaggregation

Explanation:

Aggregation and Disaggregation are planning methods used in operations management. Each of them is useful in different

situations depending on the time frame.

Aggregation is used when drawing up strategic plans for a business over a period that can span several months. This plan groups similar products into a single measure.

Disaggregation on the other hand,  breaks an aggregate plan into details, with a focus on specific tasks that can be achieved within a shorter period.

1. government controls industry through policy

2.government is both a consumer and a producer

4. government can use policy t influence economy

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