During the process of indebtedness the expenses of the individual systematically exceed their income in the long run. In cases of loans: the partner using the production loan cannot increase their production profit sufficently enough to pay the interests of the loan so repaying the loan solely from production profit is not resolved.
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Be the first to comment!Loans are a resource transfer which the creditor provides to the borrower with a predetermined or open goal. A service which the borrower equalizes through interest over the duration of the loan according to the specified conditions provided in the contract
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Be the first to comment!According to the Marxist theory superprofit is the surplus profit above average profit. The economic literature describes it as a surplus profit that was gained above capital gains in a perfect competition. It's nature is temporary since it is the result of special circumstances. Others think that the term is nonsensical since a capitalist always pursues as much profit as possible.
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Be the first to comment!Retail is the sale of goods and services from individuals or businesses to the end-user.
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