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Productivity is a measure of the rate at which output of goods and services are produced per unit of input (labour, capital, raw materials, etc.). It is calculated as the ratio of the quantity of output produced to some measure of the quantity of inputs used. Many factors can affect productivity growth.
Productivity is a measure of economic performance that compares the amount of goods and services produced (output) with the amount of inputs used to produce those goods and services.
What is a productivity example? A commonly applicable example of productivity is the measure of output per worker or output per worker per hour. A manufacturing company can measure productivity by evaluating the number or value of the finished products produced by every worker within a given time.
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1. : doing or achieving a lot : working hard and getting good results. a productive meeting. I had a very productive day. I am most productive in the morning.
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In economics, productivity refers to how much output can be produced with a given set of inputs. Productivity increases when more output is produced with the same amount of inputs or when the same amount of output is produced with less inputs. There are two widely used productivity concepts.

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