Famous quote by Alfred Marshall

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Consumption may be regarded as negative production
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"Consumption may be regarded as negative production"

- Alfred Marshall

About this Quote

Alfred Marshall's quote recommends that usage can be seen as a kind of manufacturing, albeit a negative one. He is recommending that when individuals consume items and solutions, they remain in truth producing something, albeit something that is not substantial or noticeable. Consumption can be viewed as a type of production since it includes the exchange of money for products and services, which in turn creates financial task. This financial task can be seen as a kind of production, as it creates tasks, produces earnings, and also contributes to economic development. Intake can likewise be viewed as a type of production due to the fact that it can result in the development of new products and services, along with the enhancement of existing ones. By doing this, intake can be viewed as a kind of production, albeit an adverse one.

About the Author

England Flag This quote is written / told by Alfred Marshall between July 26, 1842 and July 13, 1924. He/she was a famous Economist from England. The author also have 17 other quotes.

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