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Glossary of the 1993 SNA - Definition of Term

TermProduction
DefinitionProduction is an activity, carried out under the responsibility, control and management of an institutional unit, that uses inputs of labour, capital and goods and services to produce outputs of goods and services.
Paragraphs6.15.;[1.20.];[5.4.];[6.6.]
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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