verb
- to produce more of something than is needed or can be sold
Examples
- The factory overproduced cars last year and had to cut back production.
- Farmers often overproduce crops when prices are high.
- The company overproduced the popular toy and ended up with excess inventory.
- Oil companies may overproduce when demand forecasts are inaccurate.
- The bakery overproduced bread and had to donate the surplus to charity.
- Economic policies can lead countries to overproduce certain goods.