The multidimensional problem of improving peoples welfare

The article shows that the improvement in people’s welfare is brought about not only by the growth of the labor productivity, but also by such an indicator of product quality as the extension of its service life. It is noted that with the growth of labor productivity, the actual increase in welfare is achievable without wage growth.

Keywords

population welfare, labor productivity, product quality, monetary measure of value, intensification of production

Received

14.12.2018

Publication date

14.12.2018

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GOST	Navoyev A. The multidimensional problem of improving people's welfare // Obshchestvo i ekonomika – 2018. – Issue 11 C. 46-57 [Electronic resource]. URL: https://oie.jes.su/S020736760002498-6-1 (circulation date: 24.04.2024). DOI: 10.31857/S020736760002498-6
MLA	Navoyev, Alexander "The multidimensional problem of improving people's welfare." Obshchestvo i ekonomika 11 (2018):46-57. DOI: 10.31857/S020736760002498-6
APA	Navoyev A. (2018). The multidimensional problem of improving people's welfare. Obshchestvo i ekonomika (11), pp.46-57 DOI: 10.31857/S020736760002498-6

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