what is the meaning of the sentence human relationships are shaped by the fundamental needs of people and the ownership as well as nature of prevalent means of production to meet those needs
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In economics and sociology, the means of production (also called capital goods)[1] are physical and non-financial inputs used in the production of goods and services with economic value. These include raw materials, facilities, machinery and tools used in the production of goods and services.[2][3] In the terminology of classical economics, the means of production are the "factors of production" minus financial and human capital.
The social means of production are capital goods and assets that require organized collective labor effort, as opposed to individual effort, to operate on.[4] The ownership and organization of the social means of production is a key factor in categorizing and defining different types of economic systems.
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