Output (Production) refers to the total amount of goods and services produced by a business, industry, or economy over a specific period. It is a key measure of economic performance and efficiency, indicating how well resources are utilized to create value. Higher output often leads to increased profits and can contribute to economic growth. In manufacturing, output can be quantified in units produced, while in services, it may be measured by completed tasks or hours worked. Factors influencing output include labor, capital, technology, and raw materials. Understanding output helps businesses make informed decisions about resource allocation and production strategies.