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Acronyms that contain the term productive capacity
What does productive capacity mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: productive capacity.
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What does productive capacity mean?
- Productive capacity
- Productive capacity is the maximum possible output of an economy. 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.
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"productive capacity." Abbreviations.com. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.abbreviations.com/productive%20capacity>.
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