Means of production

Definition

The means of production are the physical, non-human inputs used for the production of economic value, such as factories, machines, and tools. In political science, this concept often explores who controls these resources and how that control influences societal structure and political power.

Related terms

Capitalism:

An economic system where the means of production are privately owned and operated for profit.

Socialism:

An economic system where the means of production are owned and controlled by the community as a whole.

Class Struggle:

The conflict between different classes in society resulting from opposing interests related to the means of production