Means of productionIn economics, the means of production is a term which describes land, labor, and capital that can be used to produce products (such as goods or services); however, the term can also refer to anything that is used to produce products. It can also be used as an abbreviation of the "means of production and distribution" which additionally includes the logistical distribution and delivery of products, generally through distributors; or as an abbreviation of the "means of production, distribution, and exchange" which further includes the exchange of distributed products, generally to consumers.
Alexis de TocquevilleAlexis Charles Henri Clérel, comte de Tocqueville (ˈtɒkvɪl,_ˈtoʊkvɪl , alɛksi də tɔkvil; 29 July 1805 - 16 April 1859), usually known as just Tocqueville, was a French aristocrat, diplomat, political scientist, political philosopher and historian. He is best known for his works Democracy in America (appearing in two volumes, 1835 and 1840) and The Old Regime and the Revolution (1856). In both, he analyzed the living standards and social conditions of individuals as well as their relationship to the market and state in Western societies.
