The  Production - Factors of Production - Means of Production - Plant of Production - Production in Series  Time of Production - Value of the Production - System of Production - Interior Production - Potential Production

What is the Production?

Process by means of which the economic goods are believed, making them susceptible of satisfying human necessities, that is to say incorporating them utility.

Factors of Production

According to the definition of the World Bank, they are for example the inputs that are used to produce goods and services, capital or manpower.

Means of Production

Objects used in the production and that they constitute their material condition.

Plant of Production

Concrete place where an article is manufactured.

Production in Series

Production system in the one that each worker, or workers' group, he/she is in charge of of an aspect of the elaborated product.

Time of Production

Value of the Production

The value of the production measures the amount of the goods and services taken place by the company during the exercise. The value of the production is defined as the business volume, more or less the variations of the existences of finished products, works in course and goods and services bought for the resale, less the purchases of goods and services for the resale, more the immobilized production and the other administration revenues (excluded the grants).

System of Production

It is a  peculiar group of activities (handling system) developed to produce a defined series of products or benefits.

Interior Production

It is the result of the economic activity of the units residents that consists on producing goods and services (dedicated or not for sale) in a given period. From the perspective of the Entrance it is contemplated the production like the sum of the rents of the different factors that intervene in the productive process, that is to say, the production is contemplated in its distributive slope through the call Functional Distribution of the Rent. 

Potential Production

Maximum of goods and services that can be elaborated in a society in a period of certain time, with a quantity of production factors and a level of knowledge technological dice.

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