
Overproduction
Economic Impact
Understand overproduction's role in economies, leading to surplus which affects market prices.

Overproduction of crops forced farmers to sell at lower prices.
Business Planning
Recognize the importance of demand forecasting to prevent overproduction and wasted resources.

The company curbed overproduction by better predicting holiday sales.
Consumer Perspective
Note the effects on consumers, who may benefit from price drops when overproduction occurs.

Gadget overproduction meant cheaper electronics for shoppers.
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