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Meaning of factor of production | Babel Free

Noun CEFR C1

Definitions

A resource used to produce goods and services, such as labor, land, or capital.

Equivalents

Deutsch Inputfaktor Produktionsfaktor
Español factor de producción factor productivo
Suomi tuotannontekijä
Français facteur de production
Nederlands productiefactor
Português fator de produção fator produtivo
Русский фа́ктор произво́дства

Examples

“The ability to shift profits to low-tax countries by locating intellectual property in them[…]is often assumed to be the preserve⟳ of high-tech companies.[…]current tax rules make⟳ it easy for all sorts of firms to generate⟳[…]“stateless income”: profit subject to tax in a jurisdiction that is neither the location of the factors of production that generate⟳ the income nor where the parent firm is domiciled.”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

factor out factor ring factor space factor VII factor VIII factorability

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