Production quota

Poster of 1942 or 1943 encouraging the reduction of waste to reach production quotas
Poster of 1942 or 1943 encouraging American workers to reach production quotas

A production quota is a goal for the production of a good. It is typically set by a government or an organization, and can be applied to an individual worker, firm, industry or country. Quotas can be set high to encourage production, or can be used to restrict production to support a certain price level.[1]

  1. ^ Parkin, Michael; Powell, Melanie; Matthews, Kent (2007). Economics. Pearson Education. p. 134. ISBN 978-0-13-204122-5. Retrieved 25 March 2009.