Economics GCSE
Production
What Production means in Economics GCSE, as defined for AQA.
Definitions of Production
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Reference: AQA
The total volume or value of goods and services produced by a firm, industry, or economy over a given period, an absolute measure of output.
The creation of economic output, consisting of goods and services, to satisfy human needs and wants.
Topics that use Production
- Economic sectors (AQA GCSE)
- Production and productivity (AQA GCSE)
Related terms
- Deindustrialisation
- Good
- Goods
- Interdependence
- Labour Productivity
- Motivation and management
- Primary sector
- Productivity
Using Production in the exam
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