Outrageously Funny Word Dictionary :: Underproducing

👉 Underproduction is a phenomenon where an industry or economy produces less than it could, resulting in lower economic output. This can happen due to factors such as limited resources, overproduction, or technological advancements that make production more efficient. Underproduction may also be caused by external factors such as market conditions, government policies, or shifts in consumer preferences. Underproduction is often characterized by a decline in the quantity of goods and services produced relative to demand, leading to lower economic output. It can have serious consequences

underproducing