factors of production

*noun*; term coined by Adam Smith (1723-1790) to refer to things used to produce other things. Usually people refer to four factors of production:
1.labor (not the same thing as workers); a worker can work more or less hours per week, and can exchange her labor for payment
2. capital; includes tools, machinery, plants and fixtures, seed corn, etc. Adam Smith distinguished between inventories, which he called circulating capital, and tools, which he called fixed capital;
3. land; understood as a specific area on the earth's surface, but sometimes incorporates the natural productivity or mineral resources as well;
4. entrepreneurship; sometimes lumped with capital. Includes the combination of skills required to start a business.

Different economic systems vary in their view of who should own the factors of production. In capitalism, this would be private individuals; in communism, it would be a collective. In the Marxist transition to communism, it would be the state.

by Abu Yahya March 3, 2009

Unrestrained Hyper-Testicular Secretion Production Syndrome (UHSPS)

UHSPS is defined as a supernatural power and condition where a male produces an insurmountable quantity of precum. Most people will think it’s normal, however only those with UHSPS know that the amount in which they precum is anything but natural. Those with UHSPS usually experience the need for multiple underwear changes through the day and potentially public exposure as the amount will seep through multiple layers on underwear and pants. This phenomenon also begins at the initial thought of sex or arousal before the penis is fully erect, thus those with UHSPS can active their UHSPS with just the thought of their UHSPS. Those with UHSPS also are said to believe that lubrication is a foreign concept because they produce their own naturally. This makes those with UHSPS often sought out after by partners for their natural born gift of self-lubrication. Currently, there is no cure for UHSPS

Did you spill something your pants?

Oh no, that’s just my pre-cum I have Unrestrained Hyper-Testicular Secretion Production Syndrome (UHSPS).

When my ex was giving me a blowjob, he complained, “Sooooo leaky...” due to my UHSPS because he is a little bitch that doesn’t know what’s good for him.

by The Precum Power Rangers June 10, 2020

Goofy Ahh Uncle Production

Something that your uncle and his wife "accidentally Produced", which in later years, unavoidably becomes mentally retarded or any other special condition on the Special Needs Spectrum. For example, your youngest cousin is playing football in your backyard and attains a concussion after you Randy Orton his ass. He's now laying in a hospital trying to remember how to eat again and it's all your fault.

little Timmy (age 7) "Hey, look at that perfectly unlicked window over there...can we go li-" You "shut the fuck up you goofy ahh uncle production, nobody fucking likes you"

by B1gD4ddyLXNCHB0X August 16, 2022

post-production

A world where literally everything is dumped in your lap because everyone else has given up.

Hey Dan, let's send these .MP4 files to Post-Production and let them finish this conversion shit.

by Geroge! February 16, 2017

Sperm Production

The stuff thats happening in a dudes sack when hes awake and asleep

Dons sperm production was cut down because he masturbated too much.

by Johnnay boyyyy December 25, 2007

Seize the means of production

When the goverment (the communist party) takes the factories(ect) and others means of production from their owners for the greater good.

Down the bourgeoisie, seize the means of production!

by CommieBG February 10, 2018

what a production

an over the top moment; more than a wow moment

Our teammates were with some boys and a boy got alcohol posioning. So our teammates wanted to say they stayed in our room so they dont get in trouble.... What a production!!!

Cinncinatti beats Pitt (2009 Big East Championship) by ONE POINT.... What a production!!!

by MKHCvb December 6, 2009