Productivity Productivity Definition In economics, Productivity is the amount of output created (in terms of goods produced or services rendered) produced per unit input of used. For instance, labor productivity is typically measured as output per worker or output per labor-hour. With respect to ...
According to free trade economics, free migration raises productivity, so the only "negative effect" of immigration is it changes your national identity, meaning xenophobia. “消极作用”,那么客观地,是100%主观那里是没有消极作用。 相关内容 a这是我的钢笔 This is my fountain pen [translate] aWritin...
Optimal allocation of resources is the stated aim of economics, and requires productivity to be measured statistically. In everyday usage the terms "profitability", "performance" and "efficiency" — which are embodied in the concept of productivity — are often treated as synonyms, indicating that...
a productive influence. Fertile applies to that in which seeds, literal or figurative, take root: fertile soil; a fertile imagination. Fruitful refers to that which has already produced and is capable of further production: fruitful soil, discovery, theory. Prolific means highly productive: a prol...
The productivity of the group's effort surprised everyone. Economics.the rate at which goods and services having exchange value are brought forth orproduced: Productivity increased dramatically last year. Grammar.the ability to form new words using established patterns and discrete linguistic elements, ...
Adam Smith (1723-1790) was a Scottish pioneer of political economy and a moral philosopher. In fact, economists say he was the ‘father of modern economics.’ In several of his works, he wrote about productivity. He also wrote about how the division of labor was crucial in getting more ...
U.S.economist and Nobel Laureate in Economics,Schultz found that simply from the natural resources,physical capital and labor's point of view,can not explain all the reasons for increase in productivity,capital and wealth as a form of conversion of people's knowledge and abilities are decisive ...
Ch 3. Economics and Business Ch 4. Forms of Business Ownership Ch 5. Entrepreneurship and Small... Ch 6. Managing and Leading in Business Ch 7. Leadership Styles in Business Ch 8. Workplace Productivity &... Ch 9. Organizational Management Ch 10. Product Development and... Ch 11. Busin...
X-efficiency refers to the degree of efficiency maintained by firms under conditions of imperfect competition. Efficiency in this context means a company getting the maximum outputs from its inputs, including employee productivity and manufacturing efficiency. In a highly competitive market, firms are f...
Trade imbalances can arise from various factors including differences in productivity levels, exchange rates, tariffs and trade barriers, domestic saving and investment rates, and consumer preferences. Variations in resource endowments and comparative advantages between countries also play a significant role ...