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.
“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 problem is that the redistribution of income that invariably accompanies the opening of international markets favors the factor of production in the country which has a relative abundance in that factor.
From New York Times ● Apr. 15, 2016
With the emergence of the capitalistic system, opportunities for investment increased, and money assumed the role of a factor of production.
From Moral Theology A Complete Course Based on St. Thomas Aquinas and the Best Modern Authorities by Charles Jerome Callan
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
