Production Capacity

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August 31, 2024 3 min read Definitions

Idle: Definition and Comprehensive Explanation

Dictionary Industry Terms Idle Machinery Equipment Production Capacity Operable

Idle refers to machinery, equipment, or productive capacity that is not currently in use but is potentially operable. This term is relevant across various industries including manufacturing, economics, and technology.

August 25, 2024 3 min read Definitions

Capital Widening: Increasing the Economy's Capital to Boost Production

Economics Capital Formation Economic Growth Production Capacity Investments Macroeconomics

Capital Widening refers to the process in macroeconomics where an economy increases its capital base to enhance production, often through investments in physical capital such as machinery, buildings, and infrastructure.