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.[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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