• 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
Objectives
Objectives

... American life? During the 1920s, the American economy experienced tremendous growth. Using mass production techniques, workers produced more goods in less time than ever before. ...
Production/destruction in Latin America
Production/destruction in Latin America

View/Open
View/Open

... and seems not to be limited by any certain boundary” [SMITH 1992, p. 225]. His approach is correctly based on that “those things which nature produces only in certain quantities” cannot be increased by human efforts despite of growing demand. Therefore, the prices not limited by an upper boundary ar ...
National Income
National Income

... 5. Imputed rent on the owner occupied house is also taken into account . Because , all houses have rental value, no matter these are self occupied or rented out. 6. Services for self consumption is not considered while estimating value added . Simply because , it is difficult to estimate their marke ...
PDF
PDF

... subsidy for new plantations of 1800 MAD per hectare planted in rainfed areas and of 2600 MAD per hectare in irrigated areas. These subsidies do not significantly impact farm incomes. III. Methodology The economic analysis of fruit and vegetable chains requires that all domestic prices be compared to ...
Common Challenge Conference Graz - romnet-era
Common Challenge Conference Graz - romnet-era

... Key issues from the Conference Manufuture  The importance of the multi-disciplinary approach to improve EU competitiveness in the context of socio-economic sustainability  Highlight the importance of international cooperation  Improve the image of Manufacturing  The need of a competitive EU res ...
Chapter 2: Our Global Economy
Chapter 2: Our Global Economy

... Determining prices involves two main elements—supply and demand. Supply is the relationship between the amount of a good or service that businesses are willing and able to make available and the price. The amount of an item supplied tends to go up when producers see an opportunity to make money. For ...
module_outlines_nicva_cee_course_2
module_outlines_nicva_cee_course_2

... AIM: This module will explore how the economic concepts and theories studied link to policy making in the real world. The module will be case-study based considering a range of social and environmental issues and examining how the historical and contemporary responses to these issues have been influ ...
chile: democracy and economic development
chile: democracy and economic development

... The economic reforms of the Pinochet’s government With the arrival of Augusto Pinochet, Chile confronted two main periods of transformation of two different economic natures making it a successful mix of traditional and progressive postures around it. The first stage took place in the period between ...
Econ Exam 1 Chapter 1- The Bid Ideas Objective of Economics: use
Econ Exam 1 Chapter 1- The Bid Ideas Objective of Economics: use

Capitalism as a Mixed Economic System
Capitalism as a Mixed Economic System

... In virtually all countries the lion’s share of provision of primary and secondary education, as well as its finance, is undertaken though public organizations. While in most countries there are private schools as well as public, and a number of families choose to send their children to them even if ...
Economic Growth
Economic Growth

... Having analyzed the overall production, distribution, and allocation of national income, we now consider the determinants of long-run growth. Stylized fact – in developed economies, output grows over time (although irregular at times); the trend is upward Different countries also enjoy very differen ...
Aggregate Supply
Aggregate Supply

... stays at $2 and there is an incentive to produce more ...
Business Essentials, 7th Edition Ebert/Griffin
Business Essentials, 7th Edition Ebert/Griffin

... Entrepreneurs: Persons who risk starting a business Physical resources: Tangible things used to conduct business – Information resources: Data and other information used by businesses © 2009 Pearson Education, Inc. ...
David Ricardo
David Ricardo

... Too much saving leads to more capital accumulation than the economy can absorb. Saving leads to lower consumption but higher investment, which leads to the capacity to produce more consumer goods in the future. While supply theoretically creates its own demand (potential demand), it may not be effec ...
Institutions and Economic Growth: What Model of Capitalism for
Institutions and Economic Growth: What Model of Capitalism for

... dirigist, centralised state (in the case of France) to less prominent smaller states (the Netherlands, Belgium, Denmark) or larger federal states as Germany, both in terms of objectives and policy instruments European states played a more proactive role in governing the economy than typically their ...
08CIV Chapter 26
08CIV Chapter 26

Seventh Edition
Seventh Edition

... The PPF and Opportunity Cost • Recall: The opportunity cost of an item is what must be given up to obtain that item. • Moving along a PPF involves shifting resources (e.g., labor) from the production of one good to the other. • Society faces a tradeoff: Getting more of one good requires sacrificing ...
The Future of Large-Scale Irrigation in NZ
The Future of Large-Scale Irrigation in NZ

... The HBRC process is autocratic rather than democratic, so we stifle debate, genuine public discussion, and deal in extreme forms of tokenism (Google Arnstein’s Ladder if you want some information on where these guys are coming from). Hand in hand with authoritarianism goes the rise in the propaganda ...
You are an economic entity!
You are an economic entity!

... If we did not have these preferences there would be no need for marketing! We would just all wear clothes from a state owned store and look the same. Yuck! Now let’s add back in the economic part; economic entity. You pay for all that self-directed life we talked about in the paragraph above don’t y ...
Lessons Learned? - University of Warwick
Lessons Learned? - University of Warwick

PDF
PDF

... The two dimensional migration shares array (age cohorts and education level) controls the total migration (in and out) of working age people in response to changes in regional labour demand and quality of life. Migrants are assumed to migrate as families including both youth and elderly members. The ...
Economic Justice
Economic Justice

Economics Chapter 12
Economics Chapter 12

... To correct for an increase in prices, economists establish a set of constant prices by choosing one year as a base year. When they calculate real GDP for other years, they use the prices from the base year. So we calculate the real GDP for Year 2 using the prices from Year 1: ...
The Middle East
The Middle East

... Traditional Economy – based on custom & habit Command Economy – government planning groups Market Economy – individual consumers ...
< 1 ... 91 92 93 94 95 96 97 98 99 ... 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