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1.1 What is a Product?

February 27, 2011 By blazestudios23 Leave a Comment

The following is the definition of:  What is a Product?

A commodity, trade, good or a service is a Product when it:

  1. is marketed on The Open Market (open to all on equal terms,)
  2. is needed and wanted and
  3. does not harm the economic well being and prosperity of the individual, family, organizations,  society, nation, mankind and  environments.   Or it can be stated by saying, “a good or a service is a Product if it assists in the economic well being and prosperity of the individual, family, organizations, society, nation, mankind and environments.”
Producer Rewarded Open Market Economics
The Science of Economics
By: R P Obrigewitsch
February, 27, 2011

Filed Under: Producer Economics Tagged With: producer rewarded economics, product, you create money

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Economic Axioms

  • 0.0 Axioms of Economics Glossary
  • 1. Axioms of Economics, Introduction
  • 2. Creating Money
  • 3. Products and the Open Market
  • 4. Production, Exchange Value and Money
  • 5.0 Production Rewarding
  • 6.0 Prosperity, Economics & Freedom
  • 7.0 Ownership
  • 8.0 Production and Reserve Strength
  • 9.0 Economics and Government
  • Axioms of Economics

Producer Economics

  • 1. What is money?
  • 1.1 What is a Product?
  • 1.2 The Four Basic Laws of Economics
  • 1.3 Who are the Producers?
  • 1.4 All Producers are Workers
  • 1.5 Workers and Producers Create Money
  • 1.6 Government Products and Services
  • 1.7 Non-productive & Counter-productive Activities
  • 1.8 Work, Energy and Money
  • 1.9 Production Creates Futures
  • 1.95 Producers, Non-producers and Counter-producers
  • 2.0 Attention and Money
  • 2.01 Attention Vacuum and Producers
  • 2.02 Attention Vacuum and Producers
  • 2.1 Banks Don’t Create Money
  • 2.2 Capitalism Without Rules
  • 2.4 True Wealth!
  • 2.5 True Wealth! Part 1
  • 2.6 True Wealth! Part 2
  • 2.7 True Wealth! Part 3
  • 3.0 Socialism
  • 3.1 Political Economic Systems
  • 3.2 Producers, Non-producers and Counter-producers
  • 3.3 Overt and Hidden Socialism
  • 3.4 Capital Destroying; Capitalism and Socialism
  • 3.5 Economics is a Group Activity
  • 3.6 Capital Producing Capitalism and Capital Producing Socialism
  • 3.7 Private Forms of Socialism
  • 3.8 Capitalist Socialist Economics
  • 3.9 Government Socialism
  • 4.0 Types of Socialism
  • 4.1 Interfacing in Groups
  • 4.2 Correlated Pay
  • 4.3 System of Measuring Production
  • 4.4 Systems of Pay
  • 4.5 State of Action
  • 4.6 Capital Destroying Capitalism
  • 4.7 Capital Destroying Socialism
  • 4.8 Use of the Word Capital
  • 4.9 Producer Rewarded Open Market Economics
  • 5.0 Prosperity Thrusts
  • 5.1 Pure Capitalism
  • 5.2 Right Wing Socialism
  • 5.21 Three Types of Capitalism
  • 5.3 Left Wing Socialism
  • 5.4 Foundation Socialism
  • 5.9 Deus ex Machina
  • 6.0 Three Types of Capitalism (Revised 4/11/19)
  • 6.1 Five types of Socialism
  • 6.2 Three Types of Bad News

Money Velocity

  • 1.0 Money Velocity and Prosperity
  • 1.1 The Money Velocity Cycle
  • 1.2 Capital Producing Economics
  • 1.3 Vampire Economics
  • 1.4 The Goal of a Society
  • 1.5 Production Efficiency
  • 1.6 Why Money Velocity Slows
  • 1.7 Capital Destroying Economics
  • 1.8 Producer, Non-producer or Counter-producer
  • 1.9 Razor Thin Path
  • 2.0 Stock Market

Open Market

  • 10. A Barter or Money Based Market?
  • 1. The Open Market!
  • 3. The True Value of Production!
  • 4. Market Action
  • 5. Free Market vs. Open Market
  • 6. Free Market, Non-existent!
  • 2.0 Open Market Technology
  • 7. The Open Market Construct
  • 8. Free Market Construct
  • 9. Establishing a Market
  • 11. Producers Create Markets

Money Supply

  • 1. The Constant Money Supply
  • 2. Production and Prosperity
  • 3. Medium of Exchange
  • 4. Money Symbol
  • 5. Creating Money
  • 6. Review
  • 7. Symbol for Value and Energy
  • 8. Energy Creators

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