Consumption Quote by Alfred Marshall
“Consumption may be regarded as negative production.”
About This Quote
Source Book: Principles of Economics by Alfred Marshall, 1890
Production can be viewed as consuming resources to create value.
In simple terms: Negative production is consumption.
Consider the cost of resources.
Themes
Mood
Type
When to use this quote
- business planning
- environmental policy
- budgeting
Key Concepts
Questions to Reflect On
- What positive outputs arise from this consumption?
- How can you mitigate negative aspects?
Focusing only on negatives may ignore benefits.