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Production (economics) - Wikipedia Production is the process of combining various inputs, both material (such as metal, wood, glass, or plastics) and immaterial (such as plans, or knowledge) in order to create output Ideally this output will be a good or service which has value and contributes to the utility of individuals [1]
PRODUCTION definition and meaning | Collins English Dictionary Production is the process of making or growing something in large amounts, or the amount of goods that you make or grow This car went into production last year The factory has shown itself able to increase production as demand rises
Production - Definition, Meaning Synonyms - Vocabulary. com Production is the process of goods being made or manufactured If people like the cupcakes you sell about school events, you might have to increase production by baking in both your kitchen and your neighbor's
Production - definition of production by The Free Dictionary The act or process of producing: timber used for the production of lumber and paper b The fact or process of being produced: a movie going into production 2 The creation of value or wealth by producing goods and services 3 The total output, as of a commodity: increased production at the plant 4
What is Production? Meaning, Types, Examples, Theory Production is the process of making or manufacturing goods and products from raw materials or components In other words, production takes inputs and uses them to create an output which is fit for consumption – a good or product which has value to an end-user or customer What Does Production Mean?