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:
“Decisive inventions and discoveries always are initiated by an intellectual or moral stimulus as their actual motivating force, but, usually, the final impetus to human action is given by material impulses ... merchants stood as a driving force behind the heroes of the age of discovery; this first heroic impulse to conquer the world emanated from very mortal forces—in the beginning, there was spice.”
—Stefan Zweig (18811942)
“Cultural expectations shade and color the images that parents- to-be form. The baby product ads, showing a woman serenely holding her child, looking blissfully and mysteriously contented, or the television parents, wisely and humorously solving problems, influence parents-to-be.”
—Ellen Galinsky (20th century)