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:
“A philistine is a full-grown person whose interests are of a material and commonplace nature, and whose mentality is formed of the stock ideas and conventional ideals of his or her group and time.”
—Vladimir Nabokov (1899–1977)
“A product of the untalented, sold by the unprincipled to the utterly bewildered.”
—Al Capp (1909–1979)