jià​zhí​guī​lǜ

law of value

  • created sense approved 价值规律/價值規律 · jià​zhí​guī​lǜ · law of value — "Initial import from upstream dictionary"

    价值规律 / 價值規律

    jià​zhí​guī​lǜ

    law of value

    The economic principle in Marxian economics stating that the value of commodities is determined by the socially necessary labor time required for their production; it regulates the exchange of goods and the distribution of labor within a society.

    价值 (literal) → 价值/價值 · jià​zhí · value (economics) 规律 (literal) → 规律/規律 · guī​lǜ · law

    Changed: simplified, traditional, gloss, definition, pinyin, variant pinyin, variants, separable parts, decomposition

    created sense