Anything that's made or grown is the result of production, from the harvesting of grains, vegetables, and fruits to the drilling of oil. Even your crafty friend handles the production of the handmade bookmarks she sells.
Production 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 is the process of creating goods and services by combining various inputs, such as labor, capital, and raw materials, to generate output that is valuable to consumers. It encompasses a wide range of activities, including manufacturing, mining, agriculture, and the provision of services.
Production 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.
PRODUCTION meaning: 1 : the process of making or growing something for sale or use often used before another noun; 2 : the process of making something naturally
Definition of production noun from the Oxford Advanced Learner's Dictionary. [uncountable] the process of growing or making food, goods or materials, especially large quantities. The new plant is due to begin production next year. Production of the new aircraft will start next year.
Production 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.