The mode of production is a system of interrelations between people and nature, and between people, formed in the process of production, in the way of acquiring the material resources necessary for social life. It's the social way of obtaining the means of subsistence (food, clothing, housing, instruments of production, etc.), indispensable to be able to live and develop.
The mode of production is the dynamic unity of both the productive forces and the relations of production in the process of material production.
Throughout history, humanity has developed different modes of production, mainly:
- Primitive communism;
- Slavery;
- Feudal mode of production;
- Capitalist mode of production;
- Socialist mode of production.
Considering we're currently in a historical stage of transition between capitalism and socialism, we haven't fully developed the socialist mode of production yet.