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How Can a Firm Have a Negative Valued Added,as Supposedly

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How can a firm have a negative valued added,as supposedly some state-owned businesses did in the former Soviet Union? What has to be true for value added to be negative?


Definitions:

Counted

The act of determining the total number of items or individuals in a set or group.

Blocks

In cognitive and developmental psychology, refers to mental or physical obstacles that hinder progress or understanding.

Formal Operational Stage

The fourth and final stage of Jean Piaget's theory of cognitive development, characterized by the ability to think abstractly, logically, and systematically.

Abstract Thinking

The ability to think about objects, principles, and ideas that are not physically present.

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