What does overproduction mean?
Definitions for overproduction
ˌoʊ vər prəˈdʌk ʃənover·pro·duc·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word overproduction.
Princeton's WordNet
overproduction, overrunnoun
too much production or more than expected
Wiktionary
overproductionnoun
The production of more of a commodity than can be used or sold
ChatGPT
overproduction
Overproduction is the act of producing more goods or services than there is demand from consumers, often resulting in excess supply, a decrease in market prices, and potentially financial losses. This term can also refer to the overuse or exhaustive consumption of natural resources beyond a sustainable level.
Wikidata
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.
Chambers 20th Century Dictionary
Overproduction
ō′vėr-pro-duk-shun, n. the act of producing a supply of commodities in excess of the demand.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of overproduction in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of overproduction in Pythagorean Numerology is: 6
Examples of overproduction in a Sentence
Ours is a culture based on excess, on overproduction; the result is a steady loss of sharpness in our sensory experience. All the conditions of modern life -- its material plenitude, its sheer crowdedness -- conjoin to dull our sensory faculties.
Weve been stuck in a pattern of overproduction, and this could change that.
The underlying cause of this long low-price period is overproduction, plain and simple, there haven't been ways to discipline the production, so it's just continued up and up and up and up.
China is looking to use OBOR as a way to ship its own domestic overproduction offshore.
The fall in the price of oil has helped tanker demand and has helped tanker earnings significantly, this OPEC overproduction has helped. You had more demand coming out and also you had more demand to store the cheap oil.
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Translations for overproduction
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"overproduction." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/overproduction>.
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