principle of profit maximization
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principle of profit maximization

In the 18th century, the western countries successively carried out the industrial revolution, the universal adoption of large machinery, laid the foundation for the establishment of factory system. In 1771, British man Richard arkwright1732-1792 founded the first cotton-yarn factory in the city of kron. In the 1930s and 1940s, the factory system was established in Britain, Germany and other countries. The main sex of factory system is: to carry out large-scale intensive labor; Using big machine to improve efficiency production; Implement the employment system; The division of labor is deepening and production is socialized. The establishment of factory system marks the real birth of enterprises. The independent of interest is of positive significance to show the active role of the fund users in the reproduction process. Interest determines the regularity of prescriptive (interest this qualitative rules will determine the amount of the rules), the amount of interest depends on profit, interest rate depends on the average profit margin. Marx further pointed out that, between average profit margin and zero, interest rate depends on two factors: one is profit margin; The second is the proportion of total profits allocated between lenders and borrowers. In fact, value has its objective existence form and its subjective reflection form. Subjective value can be divided into two specific forms: values and emotions. Among them, values are people's understanding of absolute value, or people's understanding of value absoluteness. Emotion is the perception of relative value, or the relative understanding of value. Values (or emotional) and the value of relationship in essence is the relationship of subjective and objective: on the one hand, the objective value decision and restricts the subjective value, subjective value is to reflect the objective value, based on the objective value, and around the objective value fluctuates up and down; On the other hand, subjective value has certain relative independence, and has a certain reaction to objective value, which can induce, strengthen or restrict the objective value. Workers in the category for caring, leisure and other service occupations earn £218 more on average than equivalent full-time members of staff, while temporary managers and directors enjoy a £2,477 pay boost compared to full-timers.