1. Economic
... that's one way to redirect productive capacity away from producing capacity to producing consumer goods. Here is another method, phantom goods. Anything that can be done to require and, or generate the production demand for phantom goods. According to Buechner the definition of a phantom good: is a good that makes no objective contribution to human life but is required by law. (Recording) For example ... taxes in the spring of every year, and help them manage their affairs throughout the year. Pollution controls also fall under the heading of phantom goods. Phantom labor has basically t...
- Word Count: 7852
- Approx Pages: 31
- Has Bibliography
- Grade Level: High School