The text is a product in the sense that it is an output, something that can be recorded and studied, having a certain construction that can be represented in systematic terms. It is a process in the sense of a continuous process of semantic choice, a movement through the network of meaning potential, with each set of choices constituting the environment for a further set.

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Quote text and notes from Wikiquote: Michael Halliday (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.