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underproduction

American  
[uhn-der-pruh-duhk-shuhn] / ˌʌn dər prəˈdʌk ʃən /

noun

  1. production that is less than normal or than is required by the demand.


underproduction British  
/ ˌʌndəprəˈdʌkʃən /

noun

  1. commerce production below full capacity or below demand

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

Etymology

Origin of underproduction

First recorded in 1885–90; under- + production

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.

The abnormal scarcity — compounded by the region’s long-running underproduction of housing — emerged when homeowners chose not to sell and give up pandemic-era mortgage rates.

From Los Angeles Times • May 15, 2024

The state remains in the throes of a housing-price and homelessness crisis brought about by 30 years of housing underproduction.

From Slate • Aug. 3, 2023

The oil market will see a small surplus of just 0.4 million barrels per day in 2022, much less than forecast earlier, according to OPEC+ sources, due to underproduction by the group's members.

From Reuters • Aug. 31, 2022

There are several reasons behind the underproduction of new housing units.

From Seattle Times • Aug. 6, 2022

And, as is now well known to all of us, the same net loss to society comes from reckless overproduction and monopolistic underproduction of natural and manufactured commodities.

From State of the Union Address by Roosevelt, Franklin Delano

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