Step 1: Understanding the Concept: 
We need to identify all prime numbers less than 20, calculate their product, and then determine which power of 10 is the closest approximation to this product. 
Step 2: Detailed Explanation: 
First, list the prime numbers less than 20:
\[ 2, 3, 5, 7, 11, 13, 17, 19 \]
Next, calculate their product (P). We can group numbers to make the calculation easier:
\[ P = (2 \times 5) \times (3 \times 7) \times 11 \times 13 \times 17 \times 19 \]
\[ P = 10 \times 21 \times 11 \times 13 \times 17 \times 19 \]
Now let's continue multiplying:
\[ P = 210 \times 11 \times 13 \times 17 \times 19 \]
\[ 210 \times 11 = 2310 \]
\[ P = 2310 \times 13 \times 17 \times 19 \]
\[ 2310 \times 13 = 30030 \]
\[ P = 30030 \times 17 \times 19 \]
\[ 30030 \times 17 = 510510 \]
\[ P = 510510 \times 19 \]
Let's approximate \(510510 \times 19 \approx 510000 \times 20 = 10200000\), which is \(1.02 \times 10^7\). This suggests the answer is close to \(10^7\).
Let's do the exact calculation:
\[ 510510 \times 19 = 510510 \times (20 - 1) = 10210200 - 510510 = 9699690 \]
The product is 9,699,690. 
Step 3: Comparison with Powers of 10: 
We need to see if 9,699,690 is closer to \(10^6\) or \(10^7\).
\[ 10^6 = 1,000,000 \]
\[ 10^7 = 10,000,000 \]
Distance from \(10^7\): \(|10,000,000 - 9,699,690| = 300,310\). 
Distance from \(10^6\): \(|9,699,690 - 1,000,000| = 8,699,690\). 
The product is much closer to 10,000,000 (\(10^7\)). 
Step 4: Final Answer: 
The product is closest to \(10^7\).