Social net product

By:
Updated: Aug 20, 2021

The difference between the social benefits and the social cost arising from the use of some factor of production or from some form of economic activity.

Reference: The Penguin Dictionary of Economics, 3rd edt.



Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.