Value added — Social Studies definition
Defined in 2 courses:
- Value generated at a production stage after accounting for specified purchased inputs. (Global History & Geography II: c. 1750 to the Early 21st Century)
- The contribution added at a production stage rather than the full value being counted repeatedly. (Government, Civic Participation & Economics)
Where it is taught
- Globalization: Supply Chains, Trade & Unequal Effects — Global Networks, Rights & Political Transitions, Global History & Geography II: c. 1750 to the Early 21st Century, Grade 10
- GDP, Real Output & the Limits of Economic Measures — Measuring the Economy & Public Policy, Government, Civic Participation & Economics, Grade 12
In use
Domestic value added is different from gross export value, and both differ from wages received by a particular household.
Globalization: Supply Chains, Trade & Unequal Effects