What is Produciton? Definition by Philip de Kock Pubilshed on 2017-11-01

Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output). It is the act of creating output, a good or service which has value and contributes to the utility of individuals.

Extract from en.wikipedia.org: https://en.wikipedia.org/wiki/Production_(economics)