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Anthropologist George Murdock Compiled a List of Over Seventy Categories

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Anthropologist George Murdock compiled a list of over seventy categories that included appearance (such as bodily adornment and hairstyles) ,activities (such as sports,dancing,games,joking,and visiting) ,social institutions (such as family,law,and religion) ,and customary practices (such as cooking,folklore,gift giving,and hospitality) .These are all examples of:


Definitions:

Output

In economics, this refers to the total amount of goods and services produced by an economic system over a given period.

Total Daily Cost

The complete sum of all expenses incurred by an individual or company in a single day, including both fixed and variable costs.

Cost Of Workers

The total expenses incurred by an employer to compensate employees, including wages, benefits, and any other forms of compensation.

Cost Of Machines

The expenses involved in acquiring machinery for business operations, including purchase price, installation, maintenance, and operation costs.

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