The Value-Based Form of Wealth as a Reflection of the Influence of its Constituents on the Potential of Economic Development Factor
The publication is aimed at researching the influence of factor constituents of the value-based form of wealth (value of goods, price, money, profit) on the potential of the economic development of modern macroeconomic systems. The essence of the concepts of «value-based form of wealth» and «value o...
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2018-04-01
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| Series: | Bìznes Inform |
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| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2018-4_0-pages-14_20.pdf |
| Summary: | The publication is aimed at researching the influence of factor constituents of the value-based form of wealth (value of goods, price, money, profit) on the potential of the economic development of modern macroeconomic systems. The essence of the concepts of «value-based form of wealth» and «value of goods» is defined. Role of the institutional (system) factor as transforming factor in terms of the value-based form of wealth is substantiated. The process of forming the value of goods has been formalized through the ratio of «cost of production» and «cost of consumption». Essence and specificity of the concepts of «cost of production» and «cost of consumption» are clarified. It is reasoned that profit has a dual essence, which indicates that, in the epoch of the society’s transition from industrial to post-industrial relations, part of the profit directed to the development of macroeconomic systems decreases. The obtained results can be applied in the sphere of public administration in the formation of social and economic policy in Ukraine. The value of the carried out research consists in improving the approach to definition of modern conditions for the formation of the value of goods. |
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| ISSN: | 2222-4459 2311-116X |