Material product

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.[1] It contrasts with services and activities such as administration that do not themselves result in any tangible material product.

See also

References

  1. Maital, Shlomo (1994). Executive economics: ten essential tools for managers. Simon and Schuster. p. 111. ISBN 0-02-919785-6.