xiǎo
shāng
pǐn
jīng

technical

Meaning of 小商品经济

小商品经济 means petty commodity economy; an economic form in which peasants and handicraftsmen produce commodities through individual labor, owning means of production and selling goods solely to exchange for needed materials. Pronounced xiǎo shāng pǐn jīng jì.

  • petty commodity economy; an economic form in which peasants and handicraftsmen produce commodities through individual labor, owning means of production and selling goods solely to exchange for needed materials

Definitions & Examples

Xiǎo
shāng
pǐn
jīng
shì
shāng
pǐn
jīng
de
chū
xíng
shì
 

Petty commodity economy is the primary form of commodity economy.

Zài
fēng
jiàn
shè
huì
 
xiǎo
shāng
pǐn
jīng
zhú
jiàn
shēng
le
liǎng
fēn
huà
 

In the late feudal society, petty commodity economy gradually underwent polarization.

shǒu
gōng
zhě
de
xiǎo
shāng
pǐn
jīng
shēng
chǎn
liào
yǒu
zhì
wéi
chǔ
 

The petty commodity economy of individual handicraftsmen is based on the private ownership of the means of production.

Measure Words

/ zhǒng
Primary