Etymology
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productivity (n.)

1809, "quality of being productive," from productive + -ity. An earlier word for this was productiveness (1727). Economic sense of "rate of output per unit" is from 1899.

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Definitions of productivity

productivity (n.)
the quality of being productive or having the power to produce;
Synonyms: productiveness
productivity (n.)
(economics) the ratio of the quantity and quality of units produced to the labor per unit of time;
From wordnet.princeton.edu