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:
“Possibly the Creator did not make the world chiefly for the purpose of providing studies for gifted novelists; but if he had done so, we can scarcely imagine that He could have offered anything much better in the way of material ...”
—Elizabeth Stuart Phelps (1844–1911)
“The end product of child raising is not only the child but the parents, who get to go through each stage of human development from the other side, and get to relive the experiences that shaped them, and get to rethink everything their parents taught them. The get, in effect, to reraise themselves and become their own person.”
—Frank Pittman (20th century)