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Overproduction

Index Overproduction

In economics, overproduction, oversupply, excess of supply or glut refers to excess of supply over demand of products being offered to the market. [1]

34 relations: Benefit shortfall, Capitalism, Common Agricultural Policy, Consumption (economics), Das Kapital, Deflation, Economic collapse, Economics, Effective demand, Employment, Exploitation of natural resources, Henry George, John Maynard Keynes, Karl Marx, Market (economics), Overdrafting, Overfishing, Overgrazing, Price, Price stability, Productive capacity, Profit (economics), Profit motive, Rate of profit, Reserve army of labour, Say's law, Supply and demand, Supply creates its own demand, Underconsumption, Unemployment, Use value, Value (economics), Virtuous circle and vicious circle, Wealth.

Benefit shortfall

A benefit shortfall results from the actual benefits of a venture being lower than the projected, or estimated, benefits of that venture.

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Capitalism

Capitalism is an economic system based upon private ownership of the means of production and their operation for profit.

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Common Agricultural Policy

The Common Agricultural Policy (CAP) is the agricultural policy of the European Union.

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Consumption (economics)

Consumption is the process in which consumers (customers or buyers) purchase items on the market.

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Das Kapital

Das Kapital, also known as Capital.

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Deflation

In economics, deflation is a decrease in the general price level of goods and services.

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Economic collapse

Economic collapse is any of a broad range of bad economic conditions, ranging from a severe, prolonged depression with high bankruptcy rates and high unemployment (such as the Great Depression of the 1930s), to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany in the 1920s), or even an economically caused sharp rise in the death rate and perhaps even a decline in population (such as in countries of the former USSR in the 1990s).

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Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Effective demand

In economics, effective demand (ED) in a market is the demand for a product or service which occurs when purchasers are constrained in a different market.

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Employment

Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

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Exploitation of natural resources

The exploitation of natural resources is the use of natural resources for economic growth, sometimes with a negative connotation of accompanying environmental degradation.

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Henry George

Henry George (September 2, 1839 – October 29, 1897) was an American political economist and journalist.

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John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

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Karl Marx

Karl MarxThe name "Karl Heinrich Marx", used in various lexicons, is based on an error.

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Market (economics)

A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange.

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Overdrafting

Overdrafting is the process of extracting groundwater beyond the equilibrium yield of the aquifer.

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Overfishing

Overfishing is the removal of a species of fish from a body of water at a rate that the species cannot replenish in time, resulting in those species either becoming depleted or very underpopulated in that given area.

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Overgrazing

Overgrazing occurs when plants are exposed to intensive grazing for extended periods of time, or without sufficient recovery periods.

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Price

In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.

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Price stability

Price stability is a goal of monetary and fiscal policy aiming to support sustainable rates of economic activity.

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Productive capacity

Productive capacity is the maximum possible output of an economy.

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Profit (economics)

In economics, profit in the accounting sense of the excess of revenue over cost is the sum of two components: normal profit and economic profit.

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Profit motive

In economics, the profit motive is the motivation of firms that operate so as to maximize their profits.

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Rate of profit

In economics and finance, the profit rate is the relative profitability of an investment project, of a capitalist enterprise, or of the capitalist economy as a whole.

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Reserve army of labour

Reserve army of labour is a concept in Karl Marx's critique of political economy.

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Say's law

In classical economics, Say's law, or the law of markets, states that aggregate production necessarily creates an equal quantity of aggregate demand.

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Supply and demand

In microeconomics, supply and demand is an economic model of price determination in a market.

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Supply creates its own demand

"Supply creates its own demand" is the formulation of Say's law.

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Underconsumption

In underconsumption theory in economics, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced.

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Unemployment

Unemployment is the situation of actively looking for employment but not being currently employed.

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Use value

Use value (German: Gebrauchswert) or value in use is the utility of consuming a good—the want-satisfying power of a good or service in classical political economy.

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Value (economics)

Economic value is a measure of the benefit provided by a good or service to an economic agent.

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Virtuous circle and vicious circle

The terms virtuous circle and vicious circle (also referred to as virtuous cycle and vicious cycle) refer to complex chains of events that reinforce themselves through a feedback loop.

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Wealth

Wealth is the abundance of valuable resources or valuable material possessions.

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Redirects here:

Over produce, Over produced, Over-investment, Over-produce, Over-produced, Over-production, Overinvestment, Overproduce, Overproduced, Oversupply.

References

[1] https://en.wikipedia.org/wiki/Overproduction

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