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Job production can be classical craft production by small firms (making railings for a specific house, building/repairing a computer for a specific customer, making flower arrangements for a specific wedding etc.), but large firms use job production, too, and the products of job production are often interchangeable, such as machined parts made ...
Job production is used when a product is produced with the labor of one or few workers and is rarely used for bulk and large scale production. It is mainly used for one-off products or prototypes (hence also known as Prototype Production), as it is inefficient; however, quality is greatly enhanced with job production compared to other methods ...
Labour markets or job markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers) and the demanders of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income.
Say's law states that in a market economy, goods and services are produced for exchange with other goods and services—"employment multipliers" therefore arise from production and not exchange alone—and that in the process a sufficient level of real income is created to purchase the economy's entire output, due to the truism that the means ...
production of use values, versus production of exchange-values; production of value, versus appropriation of revenue; production of income, versus distribution of income; In most cases, using these distinctions, it would be obvious whether the labour was capitalistically productive or not, but in a minority of cases it would be not altogether ...
Some products that have "American" as part of their names or slogans actually do very little assembling — if any — in the U.S. Here is a rundown of popular so-called American brands that ...