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2 definitions found
From The Collaborative International Dictionary of English v.0.48 [gcide]:
Underproduction \Un`der*pro*duc"tion\, n. (Polit. Econ.)
The production of less than is demanded or of less than the
usual supply. --F. A. Walker.
[1913 Webster]
From WordNet (r) 2.0 [wn]:
underproduction
n : inadequate production or less than expected
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