Preferred term
NET MATERIAL PRODUCT
Broader concept
Scope note
- A concept based on Marxian labour theory of value. It is the value of goods and services turned out by the so-called "productive sectors" of the economy. It does not cover the bulk of services turned out by the so-called "non-material branches" of the economy
In other languages
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URI
http://metadata.un.org/thesaurus/1004378