factor of production
Americannoun
noun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
AI evangelists think artificial intelligence will, in effect, become a third factor of production, alongside capital and labor.
From The Wall Street Journal ● Oct. 2, 2026
“Now, economists should recognize that there is a fourth factor of production: Data.”
From Barron's ● May 6, 2026
“Their labor is a crucial factor of production, and it’s that production that generates other jobs in the sector. That’s something I wish everyone understood.”
From Los Angeles Times ● Mar. 13, 2025
"We will improve the governance of the digital economy and unleash the potential of data as a factor of production, to further stimulate economic development and enrich people's lives," said Li.
From Reuters ● Mar. 5, 2022
The product is a joint result in 40 which the part played by any one group, instrument, or factor of production cannot be traced.
From The Settlement of Wage Disputes by Herbert Feis
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