Productive capacity
Productive capacity is the maximum possible output of an economy (e.g. including agriculture, industry, and services). According to the United Nations Conference on Trade and Development (UNCTAD), no agreed-upon definition of maximum output exists. UNCTAD itself proposes: "the productive resources, entrepreneurial capabilities and production linkages which together determine the capacity of a country to produce goods and services." The term may also be applied to individual resources or assets; for instance the productive capacity of an area of farmland.[1][2][3]
See also
References
- ↑ "Land use planning and productive capacity assessment" (PDF). Retrieved 2011-02-20.
- ↑ "FIS - Worldnews - Salmon companies to expand their productive capacity". Retrieved 2011-02-20.
- ↑ "Your Oil and Gas News - NOVATEK increases productive capacity at the Yurkharovskoye field to 33 bcm". Retrieved 2011-02-20.
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