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:
“Technological change defines the horizon of our material world as it shapes the limiting conditions of what is possible and what is barely imaginable. It erodes ... assumptions about the nature of our reality, the “pattern” in which we dwell, and lays open new choices.”
—Shoshana Zuboff (b. 1951)
“Perhaps I am still very much of an American. That is to say, naïve, optimistic, gullible.... In the eyes of a European, what am I but an American to the core, an American who exposes his Americanism like a sore. Like it or not, I am a product of this land of plenty, a believer in superabundance, a believer in miracles.”
—Henry Miller (1891–1980)