Overproduction (Noun)
Meaning
Too much production or more than expected.
Classification
Nouns denoting acts or actions.
Examples
- The factory's overproduction of goods led to a significant surplus in the market, causing prices to drop.
- The company's overproduction of smartphones resulted in a massive inventory that they struggled to sell.
- The overproduction of oil in the region led to a global supply glut, causing prices to plummet.
- The farmer's overproduction of crops led to a bumper harvest, but also created storage and transportation challenges.
- The overproduction of electricity from renewable sources during the day forced the grid operators to find ways to store the excess energy.