Definitions for overproductionˌoʊ vər prəˈdʌk ʃən

This page provides all possible meanings and translations of the word overproduction

Princeton's WordNetRate this definition:(0.00 / 0 votes)

  1. overproduction, overrun(noun)

    too much production or more than expected

WiktionaryRate this definition:(0.00 / 0 votes)

  1. overproduction(Noun)

    The production of more of a commodity than can be used or sold

FreebaseRate this definition:(0.00 / 0 votes)

  1. Overproduction

    In economics, overproduction', oversupply or excess of supply refers to excess of supply over demand of products being offered to the market. This leads to lower prices and/or unsold goods along with the possibility of unemployment. The demand side equivalent is underconsumption; some consider supply and demand two sides to the same coin – excess supply is only relative to a given demand, and insufficient demand is only relative to a given supply – and thus consider overproduction and underconsumption equivalent. Overproduction is often attributed as due to previous overinvestment – creation of excess productive capacity, which must then either lie idle, which is unprofitable, or produce an excess supply.


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