What does means of production mean?

Definitions for means of production
means of pro·duc·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word means of production.


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Wiktionary

  1. means of productionnoun

    The combination of the means of labor--such as machines, tools, and equipment--and the subject of labor used by workers to make products.

Wikipedia

  1. Means of Production

    Means Of Production is a compilation of Aim's early 12" and EP releases, recorded between 1995 and 1998.

Wikidata

  1. Means of production

    Means of production refers to physical, non-human inputs used in production—the factories, machines, and tools used to produce wealth — along with both infrastructural capital and natural capital. This includes the classical factors of production minus financial capital and minus human capital. They include two broad categories of objects: instruments of labour and subjects of labour. If creating a good, people operate on the subjects of labour, using the instruments of labour, to create a product; or, stated another way, labour acting on the means of production creates a good. When used in the broad sense, the "means of production" includes the "means of distribution" which includes stores, banks, the internet and railroads. The term can be simply and picturesquely described in an agrarian society as the soil and the shovel; in an industrial society, the mines and the factories; and in a knowledge economy, offices and computers.

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Numerology

  1. Chaldean Numerology

    The numerical value of means of production in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of means of production in Pythagorean Numerology is: 1

Examples of means of production in a Sentence

  1. Leonard Peikoff:

    Contrary to the Marxists, the Nazis did not advocate public ownership of the means of production. They did demand that the government oversee and run the nation’s economy. The issue of legal ownership, they explained, is secondary; what counts is the issue of control. Private citizens, therefore, may continue to hold titles to property—so long as the state reserves to itself the unqualified right to regulate the use of their property.

  2. Milton Friedman:

    Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.

  3. Agnes Kalibata:

    In Africa, six out of 10 women depend on the land for their livelihoods, they must have access to the means of production - the land itself. If we are going to have development across the globe, women need equal access to the land.

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"means of production." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/means+of+production>.

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