Economics Dictionary of ArgumentsHome
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| Means and Ends - Economics Dictionary of Arguments | |||
| Means and ends: The concept of means and ends in economics involves using limited resources (means) to achieve desired goals or objectives (ends). Ends represent individual or societal needs and wants, while means are the tools or methods employed to fulfill them. Efficient resource allocation is crucial to maximize utility and minimize scarcity._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Austrian School | Means and Ends | Austrian School, | |
| Rothbard, Murray N. | Means and Ends | Rothbard, Murray N. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2026-08-10 | |||