Value

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Revision as of 19:33, 17 July 2024 by SatelliteHunters (talk | contribs) (Created page with "'''Value''' is composed of use-value and exchange-value. The value of a commodity lies in its average social production time. ==Examples== For instance, if it takes 1 year to make a guitar, and 1 year to make a car, their values are equal. {{stub}} Category:Marxist economics")
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Value is composed of use-value and exchange-value. The value of a commodity lies in its average social production time.

Examples

For instance, if it takes 1 year to make a guitar, and 1 year to make a car, their values are equal.