Means Of Production

In economics and sociology, the means of production are physical, non-human inputs used for the production of economic value, such as facilities, machinery, tools,[1] infrastructural capital and natural capital. The means of production includes two broad categories of objects: instruments of labor (tools, factories, infrastructure, etc.) and subjects of labor (natural resources and raw materials). If creating a good, people operate on the subjects of labor, using the instruments of labor, to create a product; or, stated another way, labour acting on the means of production creates a good.[2] https://en.wikipedia.org/wiki/Means_of_production


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