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means of production

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means of production

reference to physical, non-human inputs used in production to produce wealth

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About means of production

In political philosophy, the means of production are the generally necessary assets and resources that enable a society to engage in production. While the exact resources encompassed may vary, they are widely agreed to include the classical factors of production as well as the general infrastructure and capital goods necessary to reproduce stable levels of productivity. The term means of production can also refer to the means of production and distribution, which additionally include the logistical distribution and delivery of products, generally through distributors; or the means of production, distribution, and exchange, which further include the exchange of distributed products, generally to consumers.

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