107 Factors Of Production Quotes

Following is our list of factors of production quotations and slogans full of insightful wisdom and perspective about being productive.

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Famous Factors Of Production Quotes

If God had meant there to be more than two factors of production, He would have made it easier for us to draw three-dimension al diagrams. — Robert Solow

The labor of women in the house, certainly, enables men to produce more wealth than they otherwise could; and in this way women are economic factors in society. But so are horses. — Charlotte Perkins Gilman

Productive power is the foundation of a country's economic strength. — Stafford Cripps

Knowledge is the only instrument of production that is not subject to diminishing returns. — John Maurice Clark

In order for a society to survive, it must generate a sufficient level of physical production both to meet its current needs, and to produce a surplus for upgrading its productive powers. — Robert Trout

The ultimate condition of production is therefore the reproduction of the conditions of production — Louis Althusser

Consumption is the sole end and purpose of all production. — Adam Smith

The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield. — Jean-Baptiste Say

Capitalism historically has been a very dynamic force, and behind that force is technical progress, innovation, new ideas, new products, new technologies, and new methods of managing teams. — Manmohan Singh

All wealth is the product of labor. - John Locke

All wealth is the product of labor. — John Locke

The control of the production of wealth is the control of human life itself. - Hilaire Belloc

The control of the production of wealth is the control of human life itself. — Hilaire Belloc

Without the land, the rivers, the oceans, the forests, the sunshine, the minerals and thousands of natural resources we would have no economy whatsoever — Satish Kumar

Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses. — Ludwig von Mises

Without labor nothing prospers. — Sophocles

Money is an information system for labor allocation. — Elon Musk

Short Factors Of Production Quotes

  • The wealth of a country is its working people. — Theodor Herzl
  • The exchangeable value of all commodities, rises as the difficulties of their production increase. — David Ricardo
  • The most valuable of all capital is that invested in human beings — Alfred Marshall
  • Labour, like all other things which are purchased and sold... has its natural and its market price. — David Ricardo
  • Labor is the fabled magician's wand, the philosophers stone, and the cap of good fortune. — James Weldon Johnson
  • The most limited resource in the world are entrepreneurs. — Changpeng Zhao
  • A leveraged worker can out-produce a non-leveraged worker by a factor of 1000 or 10,000. — Naval Ravikant
  • Industry is the soul of business and the keystone of prosperity. — Charles Dickens
  • Labour is the source of every blessing. — Aesop
  • Labor is the superior of capital, and deserves much the higher consideration — Abraham Lincoln

Factors Of Production Image Quotes

Factors of production quote I am not a product of my circumstances. I am a product of my decisions.
I am not a product of my circumstances. I am a product of my decisions.

Factor Quotes

Faith is the first factor in a life devoted to service. Without it, nothing is possible. With it, nothing is impossible. — Mary Mcleod Bethune

Most human behavior is controlled by images. Image is a factor in how people look at themselves and what they use to reflect themselves. The control of images is a major factor in world power. — John Henrik Clarke

It is the teacher - what the teacher knows and can do - that is the most significant factor in student achievement. — Harry Wong

Factors of production quote Strength is the product of struggle, you must do what others don't to achieve what other won't.
Strength is the product of struggle, you must do what others don't to achieve what other won't.

The formula for success is every guy can make a difference for the entire team in whatever his role is. And to do it right, to get it right, is a critical factor in being successful. — Nick Saban

Development is not about factories, dams and roads. Development is about people. The goal is material, cultural and spiritual fulfilment for the people. The human factor is of supreme value in development. — Rajiv Gandhi

Without general elections, without freedom of the press, freedom of speech, freedom of assembly, without the free battle of opinions, life in every public institution withers away, becomes a caricature of itself, and bureaucracy rises as the only deciding factor. — Rosa Luxemburg

Factors of production quote Happiness is not a goal... it's a by-product of a life well lived.
Happiness is not a goal... it's a by-product of a life well lived.

The strongest factor...is self-esteem believing you can do it, believing you deserve it, believing you will get it. — Jerry Gillies

Happiness mainly comes from our own attitude, rather than from external factors. — Dalai Lama

In a spiral galaxy, the ratio of dark-to-light matter is about a factor of ten. That's probably a good number for the ratio of our ignorance-to-knowledge. We're out of kindergarten, but only in about third grade. — Vera Rubin

Confidence is the most important single factor in this game, and no matter how great your natural talent, there is only one way to obtain and sustain it: work. — Jack Nicklaus

Being Productive Quotes

The most successful people in this world recognize that taking chances to get what they want is much more productive than sitting around being too scared to take a shot. — Steve Harvey

If you want to be happy, set a goal that commands your thoughts, liberates your energy, and inspires your hopes. — Andrew Carnegie

Standards should not be forced down from above but rather set by the production workers themselves. — Taiichi Ohno

Factors of production quote Happiness mainly comes from out own attitude, rather than from external factors.
Happiness mainly comes from out own attitude, rather than from external factors.

The slower but consistent tortoise causes less waste and is more desirable than the speedy hare that races ahead and then stops occasionally to doze. The Toyota Production System can be realized only when all the workers become tortoises. — Taiichi Ohno

Plenty of white space and generous line spacing,and don't make the type size too miserly. Then you will be assured of a product fit for a king. — Giambattista Bodoni

Productivity and efficiency can be achieved only step by step with sustained hard work, relentless attention to details and insistence on the highest standards of quality and performance. — J. R. D. Tata

Factors of production quote Maturity isn't a product of growing older. It's a product of growing wiser.
Maturity isn't a product of growing older. It's a product of growing wiser.

Humility is not a character trait to develop, it's the natural by-product of being with Jesus. — Louie Giglio

We are called to be fruitful - not successful, not productive, not accomplished. Success comes from strength, stress, and human effort. Fruitfulness comes from vulnerability and the admission of our own weakness. — Henri Nouwen

The world we have created is a product of our thinking; it cannot be changed without changing our thinking. If we want to change the world we have to change our thinking...no problem can be solved from the same consciousness that created it. We must learn to see the world anew. — Albert Einstein

Inequality can be done away with only by establishing a new society, where men and women will enjoy equal rights, resulting from an upheaval in the means of production and in all social relations. Thus, the status of women will improve only with the elimination of the system that exploits them. — Thomas Sankara

Production Quotes

I am not a product of my circumstances. I am a product of my decisions. - Stephen Covey

I am not a product of my circumstances. I am a product of my decisions. — Stephen Covey

You weren't an accident. You weren't mass produced. You aren't an assembly-line product. You were deliberately planned, specifically gifted, and lovingly positioned on the earth by the Master Craftsman. — Max Lucado

Great faith is the product of great fights. Great testimonies are the outcome of great tests. Great triumphs can only come out of great trials. — Smith Wigglesworth

The production of too many useful things results in too many useless people. - Karl Marx

The production of too many useful things results in too many useless people. — Karl Marx

I’m a feminist so I believe in inhabiting contradictions. I believe in making contradictions productive, not in having to choose one side or the other side. As opposed to choosing either or, choosing both. — Angela Davis

I believe that you should gravitate to people who are doing productive and positive things with their lives. — Nadia Comaneci

Factors of production quote Happiness is not a goal: it is a by product.
Happiness is not a goal: it is a by product.

Good design is as little design as possible. Less, but better - because it concentrates on the essential aspects, and the products are not burdened with non-essentials. Back to purity, back to simplicity. — Dieter Rams

A businessman cannot force you to buy his product; if he makes a mistake, he suffers the consequences; if he fails, he takes the loss. If bureaucrat makes a mistake, you suffer the consequences; if he fails, he passes the loss on to you. — Ayn Rand

Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant. — Warren Buffett

The successful salesperson cares first for the customer, second for the products. — Philip Kotler

Productivity Quotes

Real fearlessness is the product of tenderness. It comes from letting the world tickle your heart, your raw and beautiful heart. You are willing to open up, without resistance or shyness, and face the world. You are willing to share your heart with others. — Chogyam Trungpa

Peace is the product of justice and love. - Oscar Romero

Peace is the product of justice and love. — Oscar Romero

Today's smart marketers don't sell products; they sell benefit packages. They don't sell purchase value only; they sell use value. — Philip Kotler

Factors of production quote Nothing makes me more productive than the last minute
Nothing makes me more productive than the last minute

Extreme taxation, excessive controls, oppressive government competition with business, frustrated minorities and forgotten Americans are not the products of free enterprise. They are the residue of centralized bureaucracy, of government by a self-anointed elite. — Ronald Reagan

"Peace is not the product of terror or fear. Peace is not the silence of cemeteries. Peace is not the silent result of violent repression. Peace is the generous, tranquil contribution of all to the good of all. Peace is dynamism. Peace is generosity. It is right and it is duty." — Oscar Romero

Anger, resentment, envy, and self-pity are wasteful reactions. They greatly drain one's time. They sap energy better devoted to productive endeavors. — Ruth Bader Ginsburg

The merit in action lies in finishing it to the end. - Genghis Khan

The merit in action lies in finishing it to the end. — Genghis Khan

95% of millennials say their friends are the most credible source of product information. — Jay Baer

Quality comes not from inspection, but from improvement of the production process. — W. Edwards Deming

...it's my hypothesis that the individual is not a pre-given entity which is seized on by the exercise of power. The individual, with his identity and characteristics, is the product of a relation of power exercised over bodies, multiplicities, movements, desires, forces. — Michel Foucault

People Writing About Factors Of Production

Name Quotes Likes
Read quotes by David Ricardo

David Ricardo
quotes on comparative advantage

72 922
Read quotes by Robert Solow

Robert Solow
quotes on education, capitalism and society

13 335
Read quotes by Charlotte Perkins Gilman

Charlotte Perkins Gilman
quotes on yellow wallpaper, life and education

121 293
Read quotes by Stafford Cripps

Stafford Cripps
quotes on slavery, education and leadership

16 139
Read quotes by Robert Trout

Robert Trout
quotes on leadership, life and leadership and management

18 193
Read quotes by Louis Althusser

Louis Althusser
quotes on ideology

17 659

More Factors Of Production Quotes

When you’re seeking modest improvement in what exists, you start working with the same tools and assumptions, the same mental framework on which the old technology is based. But when the challenge is to move ahead by a factor of ten, you start with a blank slate. When you commit to a moonshot, you fall in love with the problem, not the product. You commit to the mission before you even know that you have the ability to reach it. And you set audacious goals. — Mo Gawdat

I wanted control over the merchandising, the actual packaging of the product. That was a big factor. The only way for me to exercise control on all those levels was to start my own label. — Helen Reddy

All the impoverishing effects of socialism are with us in the U.S.: reduced levels of investment and saving, the misallocation of resources, the overutilization and vandalization of factors of production, and the inferior quality of products and services. — Hans-Hermann Hoppe

Disco is a major influence in the world of fashion. It is a dynamic factor in contemporary advertising. It is a message from every consumer that there has been a rediscovery of America's greatest by-product: fun. — Neil Bogart

As a producer, I think one of the most important decisions you make is not necessarily the material you are working on but the production apparatus that you choose to develop the project with, and that determines what funding you go to, it determines many factors. — Atom Egoyan

Honesty is the most single most important factor having a direct bearing on the final success of an individual, corporation, or product. — Ed Mcmahon

It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers. — Ludwig von Mises

The best product should be bought, the best man should be rewarded more. Interfering factors which befuddle this triumph of virtue, justice, truth, and efficiency, etc., should be kept to an absolute minimum or should approach zero as a limit. — Abraham Maslow

Intellectual capital is the most valuable of all factors of production. — Brian Tracy

I'm a political scientist and I study these things, and I know that economic problems, with the rising unemployment and inflation and low productivity and so forth, were a factor in that election, in that defeat of President Carter. — Jeane Kirkpatrick

On the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the most urgent needs of the consumers. If the government interfered with this process, it can only impair satisfaction; it can never improve it. — Ludwig von Mises

Production speed is severely slowed down if one works with half-time people who have other obligations as well. This is at least a factor of four; probably it is worse. — Edsger Dijkstra

Equality of economic opportunity, in the context of private property, means equality of opportunity for the millions of capital-less households of today to buy, pay for, and employ in their lives the non-human factor of production, capital. — Louis O. Kelso

Effective communication is a key factor in the success of your product. — Jesse James Garrett

Concerning the factors of silence, solitude and darkness, we can only say that they are actually elements in the production of the infantile anxiety from which the majority of human beings have never become quite free. — Sigmund Freud

By keeping labor supply down, immigration policy tends to keep wages high. Let us underline this basic principle: Limitation of the supply of any grade of labor relative to all other productive factors can be expected to raise its wage rate; and increase in supply will, other things being equal, tend to depress wage rates. — Paul Samuelson

When you're in a losing streak, your ability to properly assimilate and analyze information starts to become distorted because of the impairment of the confidence factor, which is a by-product of a losing streak. You have to work very hard to restore that confidence, and cutting back trading size helps achieve that goal. — Bill Lipschutz

The growth of a nation's productive potential is the central factor in determining its growth in real wages and living standards.... high rates of investment and saving usually have a big payoff in promoting economic growth. — Paul Samuelson

The most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors. — Peter Orszag

America is the greatest engine of innovation that has ever existed, and it can't be duplicated anytime soon, because it is the product of a multitude of factors: extreme freedom of thought, an emphasis on independent thinking, a steady immigration of new minds, a risk-taking culture with no stigma attached to trying and failing, a noncorrupt bureaucracy, and financial markets and a venture capital system that are unrivaled at taking new ideas and turning them into global products. — Thomas L. Friedman

Joy, feeling one's own value, being appreciated and loved by others, feeling useful and capable of production are all factors of enormous value for the human soul. — Maria Montessori

Money is not a factor of production. But in order to have access to credit, in order to get money, in order to get an education, you have to pay the banks. — Michael Hudson

Love for coworkers, love for customers, love for the product and love for self. Walt Disney instilled all of these "loves" in his company. Each of these factors is critical to achieving success in any organization. — Bill Capodagli

One of the problems of a director on the set is that we become overwhelmed by all the factors and threads of production, that sometimes we can't focus on our main job, which is steering the performances to create the whole film. — Whit Stillman

In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment; (2) our increased size; and (3) substantially more competition. — Warren Buffett

One of the most important features of our economic resources is their scarcity: land, labor, and capital goods factors are all scarce, and may all be put to various possible uses. The free market uses them 'productively' because the producers are guided, on the market, to produce what the consumers most need: automobiles, for example, rather than buggies. — Murray Rothbard

Popularity is the product of two factors: (a) how compelling material you offer, and (b) how easy it is to access it. Host free pirated movies and users will flock to the site, even if it's difficult to use. — Jakob Nielsen

The use of the high level language made each programmer a factor of 5 to 10 more productive in a coding sense and more concerned with the semantics than the syntax of modules. — Fernando J. Corbato

It is much more accurate to identify the factors of production as know-how (that is genetic information structure), energy, and materials, for, as we have seen, all processes of production involve the direction of energy by some know-how structure toward the selection, transportation, and transformation of materials into the product — Kenneth E. Boulding

The brand of the future...is patient, consistent, connected, and trusted. The new brand is based on the truth that only comes from experiencing the product, not just yelling about it. Word of mouth is more important (by a factor of 20) than TV advertising, and the remarkability word of mouth demands comes from what we experience, not from spin or taglines or a campaign slogan. — Seth Godin

The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment. — Ludwig von Mises

Bisexuality is almost a necessary factor in artistic production; at any rate, the tinge of masculinity within me helped me in my work. — KaThe Kollwitz

Natural selection is just three factors - over-production, variation, and inheritance combined to produce adaptation to changing local environments. It's not a principle or progress; it's just a principle of local adaptation. You don't make better creatures in any cosmic sense; you make creatures that are better suited to the changing climates of their local habitats. — Stephen Jay Gould

It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time. — John Maynard Keynes

Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results. — Louis O. Kelso

The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor, cannot be concentrated while ownership of the non-human factor, capital, can be. — Louis O. Kelso

Technology plows through history at an accelerating rate, shifting the burden of production off labor into the nonhuman factor because man uses his highest ingenuity to avoid servile labor. — Louis O. Kelso

No Keynesian has ever proposed a measure designed to make the individual more productive; for that would require institutional means for enabling him to acquire ownership of the nonhuman factor of production: capital. — Louis O. Kelso

The most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors. — Peter R. Orszag

I believe the earth gets warmer, and I also believe the earth gets cooler, and I think history points out that it does that and that the idea that man through the production of CO2 which is a trace gas in the atmosphere and the manmade part of that trace gas is itself a trace gas is somehow responsible for climate change is, I think, just patently absurd when you consider all of the other factors. — Rick Santorum

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