Production

From Freepedia

  • In microeconomics, production is the act of making things, in particular the act of making products that will be traded or sold commercially.
  • in national accounts and macro-economics, production is an activity by which transactors use inputs to produce outputs; more specifically, economic production is an activity carried out under the control and responsibility of a resident institutional unit that uses inputs of labor, capital, and goods and services (factors of production) to produce outputs of goods and services.
  • In languages, linguistics, and in communications in general, a lexeme production can be as simple as a single word, a phrase, a sentence, a paragraph, or as complex as a work of rhetoric or persuasion, which demonstrates command of a language, its grammar, or other art. Thus an infant's language production may be a cry for assistance or nurture, a child's production might be a two-word sentence expressing some condition or statement of comprehension, a student's production might be a one-page essay, and a professional worker's production might be a one-act play. A lexeme need not be a spoken word; it might be a gesture, a mouse click, or other lexical token. But for convenience, an expression in sign language might also be considered to be an utterance, just as a mathematical expression or formula conveys mathematical meaning. Thus a lexeme production is subject to the grammar of a language, in the broad sense just stated.


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