• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Why do we have Unemployment?* Prabhat Patnaik
Why do we have Unemployment?* Prabhat Patnaik

... Keynes who had been worried that high levels of unemployment would push capitalism to its doom, and therefore had advocated “demand management” by the State to keep capitalist economies close to full employment as a means of saving the system, had pinned his hopes on this instrument. But under neo-l ...
Agriculture Economics and the American Economy
Agriculture Economics and the American Economy

... – Economics is “the study of the decisions involved in producing, distributing, and consuming goods and services.” – Economics “is a social science that studies how consumers, producers, and societies choose among the alternative uses of scarce resources in the process of producing, exchanging, and ...
Agriculture Economics and the American Economy
Agriculture Economics and the American Economy

Will the Real Capitalism Please Stand UP
Will the Real Capitalism Please Stand UP

... – for incorporation or obtaining a tax ID, for example – are relatively uncomplicated and inexpensive. Over 6.25 million business establishments exist in the United States and the number grows by about 50,000 annually. From 2000-2001, approximately 725,000 new businesses were started and 675,000 est ...
3-19 中国二元结构变化4(向仁康,2013)
3-19 中国二元结构变化4(向仁康,2013)

... 中国二元结构变化1(向仁康,2013) ...
Natural Resources, Human Capital, Capital Goods
Natural Resources, Human Capital, Capital Goods

... New technology can help a business produce more goods for a cheaper price. ...
Benefits of Free Enterprise
Benefits of Free Enterprise

exchange and authority: the mixed economy
exchange and authority: the mixed economy

Where is in the interaction of forms of capital?
Where is in the interaction of forms of capital?

... within the irrespective fields confront each other using strategies aimed at preserving or transforming these relations of power.’ (Bourdieu,1996: pg. 264) ...
Print a list of economic indicators: For reference
Print a list of economic indicators: For reference

... Manufacturers' Shipments, Inventories, and Orders [monthly] ...
The Market Economy as Complex Dynamical System
The Market Economy as Complex Dynamical System

... By contrast, our agent-based model assumes that prices are private, not public; consumers must engage in price searches in each period; each worker has a reservation wage that he uses to determine whether to accept a job offer; firms know their production costs, but not their demand curves, and henc ...
The Closed Economy - The Economics Network
The Closed Economy - The Economics Network

3. This question allows you to focus on profit sharing. Pissarides
3. This question allows you to focus on profit sharing. Pissarides

Name: _____________________________________________ Period: ___________ Date: _______________
Name: _____________________________________________ Period: ___________ Date: _______________

... Inspired by “30 Days: Outsourcing” and the article titled “Meet Your Competition” found in Upfront magazine, you will need to research and answer the following questions. ...
Economic Growth
Economic Growth

... Increases in Per Capita Real GDP would be seen as an increase in that number. It is really a very crude measure of economic growth. ...
Basic economic ideas and resource allocation Chapter 1 - Beck-Shop
Basic economic ideas and resource allocation Chapter 1 - Beck-Shop

... A photocopier, for instance, can be used in most types of industries and can be moved from one part of the country to another. In contrast, an operating theatre is likely to be occupationally immobile and a gold mine is geographically immobile. The reward for capital is interest. • Enterprise is the ...
An overview of economics - nef: new economic forum
An overview of economics - nef: new economic forum

... because the free market would have delivered a better outcome by itself. The “invisible hand of the market”, so frequently cited, would naturally find its way to what economists call an ‘efficient outcome’ – the best possible distribution of goods and services across the economy. From this model, ma ...
The Art and Science of Economics
The Art and Science of Economics

... Stockholder’s ability to influence corporate policy is limited to voting for a board of directors. Each share of stock normally carries only one vote Second, corporate income is taxed twice: first as corporate profits and second as stockholder income, either as corporate dividends or as realized cap ...
The Closed Economy - Economics Network
The Closed Economy - Economics Network

In economics, the "circular flow" diagram is a simple
In economics, the "circular flow" diagram is a simple

... In the circular flow model, the household sector, provides various factors of production such as labor and capital, to producers who in turn produce goods and services. Firms provide consumers with goods and services in exchange for consumer expenditure and "factors of production" from households. I ...
Chapter 10 – 7a Marginal Analysis
Chapter 10 – 7a Marginal Analysis

... Chapter 10 – 7a Marginal Analysis In economics, the word “marginal” refers to an instantaneous rate of change (i.e., a derivative). Marginal cost is the instantaneous change in the total cost relative to the number of units produced. If C(x) is the total cost to produce x items, then C’(x) is the ma ...
The broad social goals that relate to economics
The broad social goals that relate to economics

chapter one
chapter one

... Economic theory deals with the rules and principles we should use under a given set of economic conditions. Economic policy deals with what is actually done under such conditions. Differences between the two frequently occur since economic policy is often mandated by political, social, and military ...
Productivity
Productivity

... • The factors of production include physical capital, human capital, natural resources, and technological ...
Schools of Economic Thought
Schools of Economic Thought

... altering economic factors where socialism looks at both economic and social issues. While Keynesianism often gets the lion’s share of the blame for the recent global financial meltdown, governments world-wide have relied heavily on it to justify their responses to the crisis. Monetarism is sometimes ...
< 1 ... 150 151 152 153 154 155 156 157 158 ... 234 >

Production for use

Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy. It is held in contrast to production for profit. This criterion is used to distinguish socialism from capitalism, and was one of the fundamental defining characteristics of socialism initially shared by Marxian socialists, evolutionary socialists, social anarchists and Christian socialists.This principle is broad and can refer to an array of different configurations that vary based on the underlying theory of economics employed. In its classic definition, production for use implied an economic system whereby the law of value and law of accumulation no longer directed economic activity, whereby a direct measure of utility and value is used in place of the abstractions of the price system, money and capital. Alternative conceptions of socialism that don't utilize the profit system such as the Lange model involve the use of a price system and monetary calculation.The central critique of the profits system by socialists is that the accumulation of capital (""making money"") becomes increasingly detached from the process of producing economic value, leading to waste, inefficiency, and social issues. Essentially it is a distortion of proper accounting based on the assertion of the law of value instead of the ""real"" costs of the factors of production, objectively determined outside of social relations.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report