Overproduction

usgb/ˌəʊvərprəˈdʌkʃn/
noun

The action of producing too much of something than needed or can be sale.

The overproduction of goods led to a drop in their prices.
Visual representation of "overproduction" - The action of producing too much of something than needed or can be sale

Often appears as...

  • overproduction of goods
  • overproduction of a product
Definition 1 of 2
Visual representation of "overproduction"
LampPro Tip 1/3

Economic Impact

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

Illustration for Economic Impact
Overproduction of crops forced farmers to sell at lower prices.
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Business Planning

Recognize the importance of demand forecasting to prevent overproduction and wasted resources.

Illustration for Business Planning
The company curbed overproduction by better predicting holiday sales.
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Consumer Perspective

Note the effects on consumers, who may benefit from price drops when overproduction occurs.

Illustration for Consumer Perspective
Gadget overproduction meant cheaper electronics for shoppers.
Visual representation of the word "Overproduction"

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