petty commodity economy; simple commodity production
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
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
technicalA technical term in Marxist economics describing simple commodity production where laborers own their means of production, distinct from capitalist commodity production where labor power itself becomes a commodity.
Xiǎo小
shāng商
pǐn品
jīng经
jì济
shì是
shāng商
pǐn品
jīng经
jì济
de的
chū初
jí级
xíng形
shì式
。
Petty commodity economy is the primary form of commodity economy.
Zài在
fēng封
jiàn建
shè社
huì会
mò末
qī期
，
xiǎo小
shāng商
pǐn品
jīng经
jì济
zhú逐
jiàn渐
fā发
shēng生
le了
liǎng两
jí极
fēn分
huà化
。
In the late feudal society, petty commodity economy gradually underwent polarization.
Show 1 more exampleShow fewer examples
Gè个
tǐ体
shǒu手
gōng工
yè业
zhě者
de的
xiǎo小
shāng商
pǐn品
jīng经
jì济
yǐ以
shēng生
chǎn产
zī资
liào料
sī私
yǒu有
zhì制
wéi为
jī基
chǔ础
。
The petty commodity economy of individual handicraftsmen is based on the private ownership of the means of production.