Use-value

Use-value is the practical utility and ability of a commodity in satisfying a human need or want. The use-value is the qualitative aspect of a commodity, rather than its quantitative aspect (i.e. exchange-value). Under capitalism, commodities are produced primarily for their exchange-value rather than use-value.

Instances

• The use-value of food is its ability to satisfy hunger.
• The use-value of clothing is that it provides warmth and protection from the elements.
• The use-value of a tool is that it can be used to construct things.
• The use-value of a vehicle is that it provides transportation

See also

• Value