follow Dictionary.com

Your favorite word could be our Word of the Day!

factor of production

noun
1.
any instrument, agent, etc., employed in the production of goods and services.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
British Dictionary definitions for factor-production

factor of production

noun
1.
a resource or input entering the production of wealth, such as land, labour, capital, etc Also called agent of production
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for factor of production

Few English speakers likely know this word

Word Value for factor

11
12
Scrabble Words With Friends

Quotes with factor-production