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When a firm makes a profit, this means that productive factors have been properly employed and corresponding human needs have been duly satisfied.
Marriage, by this logic, is the union of productive factors in which the quantity and type of labor performed by each partner would be determined by economic incentives.
The two prevailing approaches explaining a country's economy focus on (a) the country's relative proportion of capital and other productive factors or (b) differences in technological capabilities and what underlies them.
Welfare economics is a branch of economics that uses microeconomic techniques to evaluate well-being from allocation of productive factors as to desirability and economic efficiency within an economy, often relative to competitive general equilibrium.
The income approach works on the principle that the incomes of the productive factors ("producers," colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes.
International migration seems to be now more than ever a 'function of changes in the international division of labor and reconstructing of the global economy, which entails rapid and massive movements of productive factors, including capital and labor'.
Productive forces are not the same thing as the means of production.
But where the productive forces are increasing, the case is different.
New productive forces will cause conflict in the current mode of production.
"Smokers and the tobacco industry are productive forces in the economy," she said.
The development of the productive forces is by no means a smoothly rising curve.
His conclusion was that these groups could be turned into productive forces by giving the employees a sense of being appreciated.
Rather, the development of the productive forces was characterised by social conflicts.
As the productive forces develop so the struggle between classes intensifies.
The mode of production is based on the level of the productive forces.
But today it would be foolish to expect new productive forces to upset modes of production.
Socialists view private property relations as limiting the potential of productive forces in the economy.
In that case, productive forces are transformed into destructive forces.
This calls for highly developed productive forces and an overwhelming abundance of material wealth.
A social formation is a superstructure over a foundation consisting of productive forces.
He was in error only about one thing, that is, at what level of the productive forces development this change was to occur.
He was also absolutely correct in believing that this change would come about as a result of the development of productive forces.
In other words, deregulation is said to subject the electricity sector to the "innovative and productive forces of competition".
He regarded labour power as the most important of the productive forces of human beings.
Both productive forces and production relations progress independently of mankind's strategic intentions or will.
From forms of development of the productive forces these relations turn into their fetters.
Intellectuals, who own and create information and knowledge, are the most dynamic component of the productive forces.
Productive forces do not include the subject of labor (the raw materials or materials from nature being worked on).
How far the productive forces of a nation are developed is shown by the degree to which the division of labor has been carried.
Particular productive forces are not described, but are assumed to be more or less within the reach of any contemporary capitalist society.
"The two great tasks are, first, develop the productive forces of society and, second, advance social justice and fairness," he said.