__________ in economics refers to the creation of these goods and services which have exchange value
Answers
Answer:
Answer: In political economy and especially Marxian economics, exchange value (German: Tauschwert) refers to one of four major attributes of a commodity, i.e., an item or service produced for, and sold on the market. The other three aspects are use value, economic value, and price.
Explanation:
Answer: In political economy and especially Marxian economics, exchange value (German: Tauschwert) refers to one of four major attributes of a commodity, i.e., an item or service produced for, and sold on the market. The other three aspects are use value, economic value, and price. please make me brain lest
Answer:
Marxian economics, or Marxian school of economics, is a heterodox school of political economic thought. Its foundations cannot be traced back to Karl Marx's critique of the political economy. However, unlike critics of political economy, Marxian economists tend to accept concept of economy prima facie. Marxian economics comprises several different theories and also includes multiple schools of thought, which are sometimes opposed to each and other; in many of the cases Marxian analysis is used complement, or to supplement, other economic approaches. Because one does not necessarily have to be the political Marxist to be economically Marxian, the two adjectives coexist in the usage, rather than being synonymous: They share the semantic field, while also allowing both connotative and denotative differences.
Marxian economics concerns itself variously with analysis of crisis in capitalism, role and distribution of surplus product and surplus value in various types of economic systems, nature and origin of economic value, the impact of class and class struggle on the economic and political processes, and process of economic evolution.
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