Productivity
Definition
Productivity refers to the efficiency with which resources (such as labor, capital, or materials) are used to produce goods or services. In agriculture, it measures how much output is produced per unit of input.
Related terms
Green Revolution: A period when high-yielding crop varieties were introduced along with modern agricultural techniques aiming at increasing global food production.
Mechanization: The process of replacing human labor with machines for various tasks.
Economies of Scale: Cost advantages obtained by increasing production scale resulting in lower average costs per unit produced.
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