Material product is a category in Marxian economics and Soviet social accounting referring to the produced output of tangible material goods, including energy supplies and goods-transport. It contrasts with services and activities such as administration that do not themselves result in any tangible material product.
Famous quotes containing the words material and/or product:
“Would it not be worth while to discover nature in Milton? be native to the universe? I, too, love Concord best, but I am glad when I discover, in oceans and wildernesses far away, the material of a million Concords: indeed, I am lost, unless I discover them.”
—Henry David Thoreau (1817–1862)
“Everything that is beautiful and noble is the product of reason and calculation.”
—Charles Baudelaire (1821–1867)
Related Subjects
Related Phrases
Related Words