FACTOID # 72: There are 22 countries where more than half the population is illiterate. Fifteen of them are in Africa.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

FACTS & STATISTICS    Simple view

  1. Select countries to view: (hold down Control key and click to select several)

     

     

    Compare:

     

     

  1. Select fact or statistic: (* = graphable)

     

     

     

  2. (OPTIONAL) Compare to statistic: (both need to be graphable)

     

     

     

  3. View result as:

     

       
(OR) SEARCH ALL encyclopedia, stats & forums:   

Encyclopedia > Returns (economics)

Returns, in economics and political economy, are the distributions or payments awarded to the various suppliers of the factors of production. In classical economics the factors of production are labour, land, and capital. In classical economics and all micro-economics labour is a measure of the work done by human beings and is one of three factors of production, the others being land and capital. ... Land in economics comprises all naturally occurring resources whose supply is inherently fixed (i. ... Capital has a number of related meanings in economics, finance and accounting. ...

Contents

Wages

Wages are the return to labour. The return to an individual's involvement (mental or physical) in the creation of goods or services. As we own our bodies and our minds wages are payments to the individual suppliers of labour even if the supplier is the self.


Rent

In classical economics (which assumed that land was "owned" by a noble) rent was the return to an "owner" of land. In later economic theory this term is more refined as economic rent which includes returns to other political contrivances as well. Some economists considered rent as unearned and always based on political contrivance. Land in economics comprises all naturally occurring resources whose supply is inherently fixed (i. ... To meet Wikipedias quality standards, this article or section may require cleanup. ...


Profit

In Classical Economics profit is the return to the owner(s) of capital stocks (machinery, tools, structures). Unlike labor, capital can be owned in shares and profit need not be individualized (though it often is). What is called "dividends" in current financial parlance would be considered as profits by classical economists and so too would "capital gains". The classical economists refered to a fee paid for the use of money as "interest" but did not consider such interest a factor of production. Smith seems to assert that "interest" is paid from profits. Ricardo does likewise. This article or section does not cite its references or sources. ... Capital has a number of related meanings in economics, finance and accounting. ...


In Neoclassical economics profit is total investment performance and includes economic rent. The investment performance is the total return of an investment (either a given asset or a portfolio of assets) during a given period (one year for example). ... In economic theory, economic rent is an analytic term employed to distinguish the difference between the income earned by an input or factor of production, and the cost of the factor of production. ...


Total investment return

The total investment return, also called investment performance, includes direct incomes (dividends, interests...) and capital gains (less capital losses) due to changes in the asset market value. The investment performance is the total return of an investment (either a given asset or a portfolio of assets) during a given period (one year for example). ...


See also



 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.