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  2. In political philosophy, the means of production is a term which describes land, labor, and capital that can be used to produce products (such as goods or services); however, the term can also refer to anything that is used to produce products.

    Means of production - Wikipedia

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    Means of production (abbreviated MoP; German: Produktionsmittel), also called means of labour are the materials, tools and other instruments used by workers to make products. This includes: machines, tools materials, plant and equipment, land, raw materials, money, energy, and anything else labor needs to make things.

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    What is meant by means of production?Journal of Political Philosophy. 28 (4): 422–423. doi: 10.1111/jopp.12211. ISSN 1467-9760. S2CID 212948343. It takes the means of production to comprise anything that is or can be put to productive use... the means of production consist of anything that enables or could enable the extraction of surplus value (exploitation).

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    What is the theory of production?The **theory of production** in economics aims to explain how a business firm makes decisions regarding the quantity of each commodity it produces (its "outputs") and how much of each type of labor, rawThe **theory of production** in economics aims to explain how a business firm makes decisions regarding the quantity of each commodity it produces (its "outputs") and how much of each type of labor, raw
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    What does production mean in linguistics?( linguistics) Writing viewed as the process of producing a text in any medium (written, spoken, signed, multimodal, nonverbal), consisting of several steps such as conceptualization, formulation, expression and revision. Borrowed from Latin productiōnem . production f (plural productions)

    production - Wiktionary, the free dictionary

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    Who owns the means of production?The owner of the means of production is in a position to purchase the labor power of the worker. By using the means of production, the worker produces new goods which become the property of the capitalist.

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    Means of production - Wikipedia

    In political philosophy, the means of production refers to the generally necessary assets and resources that enable a society to engage in production. While the exact resources encompassed in the term may vary, it is widely agreed to include the classical factors of production (land, labour, and capital) as well … See more

    Industrial production

    From the perspective of a firm, a firm uses its capital goods, which are also known as tangible assets as they are physical in nature. Unfinished goods are transformed into products and services in the production process. … See more

    Knowledge production

    In a knowledge economy, learning, research, development, innovation, ideas and creativity are the means of [knowledge] … See more

    Marxism and Marxist theory of class

    The analysis of the technological sophistication of the means of production and how they are owned is a central component in the See more

    See also

    • Capital (economics)
    • Clause IV
    • Factors of production See more

    Timeline
    2003
    The album Means of Production is released
    the 19th century
    Karl Marx develops his theory of class, historical materialism, and critique of political economy based on the concept of means of production
    the 20th century
    Various modes of production, such as capitalism, socialism, and mixed economy, emerge and compete in different regions of the world
    the 21st century
    The knowledge economy, the information revolution, and the disruptive technologies challenge and transform the traditional means of production and distribution
    Depreciation

    The means of production of the firm may depreciate, which means there is a loss in the economic value of capital goods or tangible assets … See more

    Related terms

    Factors of production are defined by German philosopher Karl Marx in his book Das Kapital as labor, subjects of labor, and instruments of … See more

     
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  6. Open Education Sociology Dictionary
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  8. Wiktionary
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  11. Britannica
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  15. Wikipedia
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  16. Investopedia
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  17. Economics Discussion
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  18. Wiktionary
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  20. Al-Quds University
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