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Glossary: Production / Productivity
Languages:

Production / Productivity

Definition:

Production is the process of creating, growing, manufacturing, or improving goods and services. It also refers to the quantity produced.

In economics, productivity is used to measure the efficiency or rate of production. It is the amount of output (e.g. number of goods produced) per unit of input (e.g. labor, equipment, and capital).

In biology, productivity is a measure of the efficiency with which a biological system converts energy into growth.

Source: GreenFacts

Translation(s):

Español: Producción / productividad
Français: Production / productivité

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