means of production
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means of production
A term from economics that refers to the material resources necessary for the production of goods and services. These include, for example, machines, tools, factory buildings, and raw materials.
In der marxistischen Theorie ist der Besitz der Produktionsmittel entscheidend für die Klassenverhältnisse.
In Marxist theory, ownership of the means of production is decisive for class relations.
The word is composed of three parts: 'Produktion' (production), the linking '-s', and 'Mittel' (means/resources). So it literally means 'means for production' and refers to all resources needed to produce goods.
Der Staat kontrolliert in diesem System alle wichtigen Produktionsmittel.
In this system, the state controls all important means of production.
'Produktionsmittel' (means of production) is a technical term from economics and the social sciences, especially from political economy. In normal everyday life, this word is rarely used.
Im Wirtschaftsunterricht analysierten wir die Verteilung der Produktionsmittel.
In economics class, we analyzed the distribution of the means of production.
Although there is a singular form, the word is very often used in the plural ('die Produktionsmittel' — the means of production). This is because it usually refers to a totality of resources such as machines, buildings, and raw materials.
Das Unternehmen investierte in neue, moderne Produktionsmittel.
The company invested in new, modern means of production.
