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English definition of “productivity”

productivity

noun [U] uk   /ˌprɒd.ʌkˈtɪv.ɪ.ti/ us    /ˌproʊ.dəkˈtɪv.ə.t̬i/
C1 the rate at which a company or country makes goods, usually judged in connection with the number of people and the amount of materials necessary to produce the goods: Studies show that if a working environment is pleasant, productivity increases. a productivity bonus/incentive Productivity in the steel industry improved by five percent last year.
(Definition of productivity from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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