Factors of productionIn economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function. There are four basic resources or factors of production: land, labour, capital and entrepreneur (or enterprise). The factors are also frequently labeled "producer goods or services" to distinguish them from the goods or services purchased by consumers, which are frequently labeled "consumer goods".
Production (economics)Production is the process of combining various inputs, both material (such as metal, wood, glass, or plastics) and immaterial (such as plans, or knowledge) in order to create output. Ideally this output will be a good or service which has value and contributes to the utility of individuals. The area of economics that focuses on production is called production theory, and it is closely related to the consumption (or consumer) theory of economics. The production process and output directly result from productively utilising the original inputs (or factors of production).
Production functionIn economics, a production function gives the technological relation between quantities of physical inputs and quantities of output of goods. The production function is one of the key concepts of mainstream neoclassical theories, used to define marginal product and to distinguish allocative efficiency, a key focus of economics. One important purpose of the production function is to address allocative efficiency in the use of factor inputs in production and the resulting distribution of income to those factors, while abstracting away from the technological problems of achieving technical efficiency, as an engineer or professional manager might understand it.
Primary productionIn ecology, primary production is the synthesis of organic compounds from atmospheric or aqueous carbon dioxide. It principally occurs through the process of photosynthesis, which uses light as its source of energy, but it also occurs through chemosynthesis, which uses the oxidation or reduction of inorganic chemical compounds as its source of energy. Almost all life on Earth relies directly or indirectly on primary production. The organisms responsible for primary production are known as primary producers or autotrophs, and form the base of the food chain.
HydrologyHydrology () is the scientific study of the movement, distribution, and management of water on Earth and other planets, including the water cycle, water resources, and drainage basin sustainability. A practitioner of hydrology is called a hydrologist. Hydrologists are scientists studying earth or environmental science, civil or environmental engineering, and physical geography. Using various analytical methods and scientific techniques, they collect and analyze data to help solve water related problems such as environmental preservation, natural disasters, and water management.
Water balanceThe law of water balance states that the inflows to any water system or area is equal to its outflows plus change in storage during a time interval. In hydrology, a water balance equation can be used to describe the flow of water in and out of a system. A system can be one of several hydrological or water domains, such as a column of soil, a drainage basin, an irrigation area or a city. The water balance is also referred to as a water budget. Developing water budgets is a fundamental activity in the science of hydrology.
Agricultural hydrologyAgricultural hydrology is the study of water balance components intervening in agricultural water management, especially in irrigation and drainage. The water balance components can be grouped into components corresponding to zones in a vertical cross-section in the soil forming reservoirs with inflow, outflow and storage of water: the surface reservoir (S) the root zone or unsaturated (vadose zone) (R) with mainly vertical flows the aquifer (Q) with mainly horizontal flows a transition zone (T) in which vertical and horizontal flows are converted The general water balance reads: inflow = outflow + change of storage and it is applicable to each of the reservoirs or a combination thereof.
Discharge (hydrology)In hydrology, discharge is the volumetric flow rate (in m3/h or ft3/h) of water transported through a given cross-sectional area. It includes any suspended solids (e.g. sediment), dissolved chemicals (e.g. CaCO3(aq)), or biologic material (e.g. diatoms) in addition to the water itself. Terms may vary between disciplines. For example, a fluvial hydrologist studying natural river systems may define discharge as streamflow, whereas an engineer operating a reservoir system may equate it with outflow, contrasted with inflow.
