productivity progress

  • 1Productivity — in economics refers to measures of output from production processes, per unit of input. Labor productivity, for example, is typically measured as a ratio of output per labor hour, an input. Productivity may be conceived of as a measure of the… …

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  • 2productivity — pro·duc·tiv·i·ty (prō dŭk tĭvʹĭ tē, prŏd ək ) n. 1. The quality of being productive. 2. Economics. The rate at which goods or services are produced especially output per unit of labor. 3. Ecology. The rate at which radiant energy is used by… …

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  • 3Social productivity — The term social is derived from the Latin word socius , which as a noun means an associate, ally, companion, business partner or comrade . The adjectival form socialis refers to a bond between people (such as marriage) or to their collective or… …

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  • 4Technical progress function — The technical progress function is a concept developed by Nicholas Kaldor to explain the rate of growth of labour productivity as a measure of technical progress:The function is described by the following statements:#The larger the rate of growth …

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  • 5Social progress — is defined as the changing of society toward the ideal. The concept of social progress was introduced in the early, 19th century social theories, especially those of social evolutionists like August Comte and Herbert Spencer. It was present in… …

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  • 6Works Progress Administration — The Works Progress Administration (renamed in 1939 the Work Projects Administration; WPA) was the largest New Deal agency, employing millions of people and affecting most every locality in the United States, especially rural and western mountain… …

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  • 7measure — {{Roman}}I.{{/Roman}} noun 1 official action to deal with a problem ADJECTIVE ▪ appropriate, effective, necessary, practical ▪ We urge you to adopt all necessary measures to guarantee people s safety. ▪ key …

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  • 8industrial — adj. Industrial is used with these nouns: ↑accident, ↑activity, ↑age, ↑application, ↑archaeology, ↑area, ↑base, ↑belt, ↑boiler, ↑building, ↑capitalism, ↑cat …

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  • 9Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …

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  • 10Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …

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