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Bookmark or Share- Production: Meaning, Definition, Types and Factors - Economics DiscussionProduction is an important economic activity. It results in the output (creation) of an enormous variety of economic goods and services. Production of a commodity or service requires the use of certain resources or factors of production.
- Production Definition & Meaning - Merriam-WebsterThe meaning of PRODUCTION is something produced : product. How to use production in a sentence.
- PRODUCTION | English meaning - Cambridge DictionaryPRODUCTION definition: 1. the process of making or growing goods to be sold: 2. the amount of something that is made or…. Learn more.
- Production Definition & Meaning - YourDictionaryProduction definition: The creation of value or wealth by producing goods and services.
- What is Production? | Microeconomics - Lumen LearningProduction is the process (or processes) a firm uses to transform inputs (e.g. labor, capital, raw materials) into outputs, i.e. the goods or services the firm wishes to sell. Consider pizza making. The pizzaiolo (pizza maker) takes flour, water, and yeast to make dough.
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