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AP US History
Overproduction refers to the condition where supply (how much of a product is produced) exceeds demand (how much of it is wanted by buyers).
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Supply and Demand: The economic principle that price is determined by the interaction of supply (availability of goods) and demand (desire for goods).
Economic Bubble: A situation where prices for assets exceed their intrinsic value due to excessive demand or optimism.
Surplus: An amount of something left over when requirements have been met; an excess of production or supply.