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)
“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)