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:
“We soon saw, as he saw, that he was not to be pardoned or rescued by men. That would have been to disarm him, to restore to him a material weapon, a Sharp’s rifle, when he had taken up the sword of the spirit,—the sword with which he has really won his greatest and most memorable victories. Now he has not laid aside the sword of the spirit, for he is pure spirit himself, and his sword is pure spirit also.”
—Henry David Thoreau (1817–1862)
“Poetry, whose material is language, is perhaps the most human and least worldly of the arts, the one in which the end product remains closest to the thought that inspired it.... Of all things of thought, poetry is the closest to thought, and a poem is less a thing than any other work of art ...”
—Hannah Arendt (1906–1975)