Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2026 exam
Verified for the 2026 exam•Written by the Fiveable Content Team • Last updated August 2025
Definition
In psychological terms, productivity refers to the effectiveness of productive effort, especially in industry, measured in terms of output per unit of input.
Efficiency: This term refers to accomplishing tasks using the least amount of resources possible. It's about doing things right without wasting time or energy.