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:
“The material was pure, and his art was pure; how could the result be other than wonderful?”
—Henry David Thoreau (18171862)
“Poetry is the only life got, the only work done, the only pure product and free labor of man, performed only when he has put all the world under his feet, and conquered the last of his foes.”
—Henry David Thoreau (18171862)
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