| 单词 | production |
| 释义 | production The use of resources to make goods or services which have value. The expression ‘means of production, distribution, and exchange’ seeks to divide economic activity into changing the physical form of things, changing their location, and changing their ownership. It is not clear how such a classification can apply to services, nor that it is of any economic relevance as applied to goods. The notion that ‘production’ is particularly meritorious leads to paradoxes: for example, making sweets to rot children's teeth is productive, while dental treatment to preserve them is not. The economic problems of the former planned economies are believed to have been partly due to an irrational preference for ‘productive’ activities over distributive and other services. See also: batch production, census of production, factors of production, government production, household production, joint production, and mass production |
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