labour input index

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• Socially necessary labour time — in Marx s critique of political economy is what regulates the exchange value of commodities in trade and consequently guides producers in their attempt to economise on labour. Unlike individual labour hours in the classical labour theory of value …   Wikipedia

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• Transformation problem — In 20th century discussions of Karl Marx s economics the transformation problem is the problem of finding a general rule to transform the values of commodities (based on labour according to his labour theory of value) into the competitive prices… …   Wikipedia

• productivity — pro·duc·tiv·i·ty (prō dŭk tĭvʹĭ tē, prŏd ək ) n. 1. The quality of being productive. 2. Economics. The rate at which goods or services are produced especially output per unit of labor. 3. Ecology. The rate at which radiant energy is used by… …   Universalium

• Productivity — in economics refers to measures of output from production processes, per unit of input. Labor productivity, for example, is typically measured as a ratio of output per labor hour, an input. Productivity may be conceived of as a measure of the… …   Wikipedia

• United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

• automation — /aw teuh may sheuhn/, n. 1. the technique, method, or system of operating or controlling a process by highly automatic means, as by electronic devices, reducing human intervention to a minimum. 2. a mechanical device, operated electronically,… …   Universalium

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• Balassa-Samuelson effect — The Balassa Samuelson effect (also known as Harrod Balassa Samuelson effect (Kravis and Lipsey 1983), the Ricardo Viner Harrod Balassa Samuelson Penn Bhagwati effect (Samuelson 1994, p. 201), productivity biased purchasing power parity (PPP)… …   Wikipedia

• pre-Columbian civilizations — Introduction       the aboriginal American Indian (Mesoamerican Indian) cultures that evolved in Meso America (part of Mexico and Central America) and the Andean region (western South America) prior to Spanish exploration and conquest in the 16th …   Universalium