overproduction
oh ver pruh duhk shuhn
- n too much production or more than expected
- In the liquor business, overproduction really means not just overproduction but more overproduction than seems advisable.
- Spurred by demand for lamp fuel as whale blubber grew scarce, derricks popped up all over Pennsylvania's oil region in the 1860s--although subsequent overproduction drove prices so .
- Another unintended consequence: we don't make West African cotton farmers poor, but our subsidies encourage overproduction that slightly reduces world cotton prices, making .