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Noun: productivity  ,pró,dúk'ti-vu-tee
  1. The quality of being productive or having the power to produce
    "The team's productivity increased after implementing new work strategies";
    - productiveness
     
  2. (economics) the ratio of the quantity and quality of units produced to the labour per unit of time
    "The factory's productivity increased by 15% after implementing new manufacturing processes"
     
  3. The rate at which crops are grown; fertility of an area
    "The soil's high productivity resulted in abundant harvests"

Derived forms: productivities

Type of: fecundity, fruitfulness, ratio

Encyclopedia: Productivity