Translation of "Ökonomisches prinzip" in English

The Commission would like to get to the point at which the capacity and readiness for innovation are understood as a leading political, social and economic principle of the European Union.

Actually, he might have to. There's an economic concept known as a positional good in which an object is only valued by the possessor because it's not possessed by others.

Cradle to cradle is regarded as an innovative economic principle for increasing the productivity, competitiveness and sustainability of small and medium-sized enterprises, including those co-initiated by the government.

Scarcity is also an economic principle in that when the supply of a good product is low the demand is usually high and it looks more desirable.

His key design theorem – to achieve maximum effect with minimum input – is more than just an economical principle.

The conference not only examined growth and growth-thinking as an economic principle, but also the idea of growth as it applies to terms like progress and mission, to procreation and nature, time and knowledge.

Consequently, it is a universal principle in production by slave labour that none but the rudest and heaviest implements shall be used, such tools as are difficult to damage owing to their sheer clumsiness.

The Econimc Principle contains 2 individual precepts:

According to the revolutionary economic principle of the digital age, the marginal cost of production is equal to zero.

When we economists teach the principle of comparative advantage and the gains from trade, we explain that free trade expands the home country’s economic pie.

In actuality the individual firm is just as irrational as the economy as a whole, unless of course one regards the capitalist profit motive as an economically rational principle of production.

The economic principle of (re)usability, which is carried to extremes in these films, experiences in this form a rebellious re-valuation including a consolidated happy ending.

According to the economic principle, processes in the duration are only sustainably successful if each futile consumption is avoided or can be compensated / can be provided in an environmentally friendly and inexpensive manner.

The "economic principle" of the working class is, by consequence, nothing else than the abolition of exploitation.

This "economic principle", upon which the 'Fundamental Principles' rely, has until now been reserved for the latter.

We call this economic principle "spiritual economy" because in this context money flows along certain spiritual lines.

The economic principle to maximise the output with a given input (=costs) takes place, for example, during process optimizations, during automations, virtualizations and standardisations of IT.

The theory of supply and demand is the most fundamental economic principle that drives prices and explains consumer behaviors.

The feasibility study (economy calculation) aims at examining actual business situations and procedures to see if they comply with the economic principle.

The "economic principle", that is, the principle of economic rationality which presumably lies at the basis of every social order and which presents itself as maximal realization of economical goals at the minimal costs, is in reality nothing else than the vulgar capitalist principle of production of profit, which always strives for the maximum of exploitation.

An operational management according to ethical criteria (Employee participation, No child labor, Fair Trade …) in the long run more effective and more successful than management by the economic principle of profit.

The economic principle (rational principle) is basically indifferent to ethics, but that does not mean that it is unethical.

The economic principle of efficiency is finding its way into more and more social areas, wether in education or in health care.

At last you see how a system, based on the great economic principle of "laissez faire", can deal with all the difficulties.