What Are The Different Types Of Productivity?
In layman’s terms, productivity is the ratio of what is produced to what is required to produce it. In economics, it is a measure that compares the output of a product or service with the input (resources) required to produce it. The input can be labor, equipment, or money. A multifaceted concept that measures the efficiency of converting inputs into outputs within various domains, including economics, business, and personal development.