The production of more of a commodity than can be used or sold(noun)
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Use "overproduction" in a sentence
"On top of that, we have what I call the overproduction problem."
"Globalization may cause rebalancing of employment among the industries, but not unemployment on net, because overproduction is impossible — there is always demand for labor."
"And people who are not only permitted to run at large, but actually elected to office, prattle of "overproduction" -- while people are starving in nakedness; proposes to eliminate pauperism and inaugurate the industrial millennium by placing fiddle-strings on the free-list or increasing the tariff-tax on toothpicks -- to relieve the country of the commercial jim-jams by means of the gold cure."