socially necessary labour time: difference between revisions

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# {{lb|en|Marxism|economics}} Tthe [[average]] [[quantity]] of [[labour]] [[time]] that must be [[perform]]ed under [[currently]] [[prevailing]] [[condition]]s to [[produce]] a [[commodity]].
# {{lb|en|Marxism|economics}} The [[average]] [[quantity]] of [[labour]] [[time]] that must be [[perform]]ed under [[currently]] [[prevailing]] [[condition]]s to [[produce]] a [[commodity]].

Latest revision as of 18:48, 3 May 2024

English

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Noun

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socially necessary labour time (countable and uncountable, plural socially necessary labour times)

  1. (Marxism, economics) The average quantity of labour time that must be performed under currently prevailing conditions to produce a commodity.
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