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distribution |
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distribution, in economics, the allocation of a society's total wealth among various economic groups. Distribution, in that sense, does not refer to the physical marketing marketing, in economics, that part of the process of production and exchange that is concerned with the flow of goods and services from producer to consumer. ..... Click the link for more information. or circulation of goods, which is part of the process of exchange, but to the relative well-being and economic wealth of persons and groups. By classifying people according to their share of the distribution—usually by means of relative income—a picture of society's stratification, and thus its structure, may emerge. Italian economist Vilfredo Pareto developed (1897) one of the best–known theories on the subject, arguing that a pattern of income distribution is evident throughout history, in all societies. Inequalities in distribution are related to inequalities in political power; in most societies, the economically dominant strata tend also to be politically dominant. The division of labor division of labor, in economics, the specialization of the functions and roles involved in production. Division of labor is closely tied with the standardization of production, the introduction and perfection of machinery, and the development of large-scale industry. ..... Click the link for more information. , which necessitates exchange, causes various problems of distribution. Inequalities in distribution among industrial groups making a common product are explained by the relative number employed in each group when compared to the value of what they produce or to the relative amount they get for a specific amount of work. Unequal distribution arises also from inequality in reward to those in the same industrial classification (capitalist, manager, or laborer). The distribution of wealth between the capitalist and manager on the one hand and the laborer on the other has been a major source of social strife in the Western world since the French Revolution, and has been a particularly important theme in the writings of Karl Marx and his followers. Labor unions (see union, labor union, labor, association of workers for the purpose of improving their economic status and working conditions through collective bargaining with employers. Historically there have been two chief types of unions: the horizontal, or craft, union, in which all the ..... Click the link for more information. ), through the use of political and economic pressure, have striven for increased wages. The distribution of the world's wealth has, since World War II, become a major issue in international politics, especially as those nations that had previously been the colonized suppliers of raw materials to the industrialized countries have gained political independence and embarked on development programs. In the United States, the National Bureau of Economic Research has done important studies on the distribution of wealth among economic groups. BibliographySee F. Levy, Dollars and Dreams: The Changing American Income Distribution (1988); K. M. Perkins, Production, Distribution, and Growth in Transitional Economies (1988). distribution(1) Software ready to install. It often refers to a "Linux distribution," which is the Linux OS combined with installation programs, documentation and various utilities in one package. See Linux distribution. distribution 1. Commerce the process of physically satisfying the demand for goods and services 2. Economics the division of the total income of a community among its members, esp between labour incomes (wages and salaries) and property incomes (rents, interest, and dividends) 3. Law the apportioning of the estate of a deceased intestate among the persons entitled to share in it 4. Law the lawful division of the assets of a bankrupt among his creditors 5. Engineering the way in which the fuel-air mixture is supplied to each cylinder of a multicylinder internal-combustion engine distribution [‚dis·trə′byü·shən] (industrial engineering) All activities that involve efficient movement of finished products from the end of the production line to the consumer. (mathematics) An abstract object which generalizes the idea of function; used in applied mathematics, quantum theory, and probability theory; the delta function is an example. Also known as generalized function. (statistics) For a discrete random variable, a function (or table) which assigns to each possible value of the random variable the probability that this value will occur; for a continuous random variablex,the monotone nondecreasing function which assigns to each realtthe probability thatxis less than or equal tot. Also known as distribution function; probability distribution; statistical distribution.
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Beagle,' as naturalist, I was much struck with certain facts in the distribution of the inhabitants of South America, and in the geological relations of the present to the past inhabitants of that continent. Above all things, order, and distribution, and singling out of parts, is the life of dispatch; so as the distribution be not too subtle: for he that doth not divide, will never enter well into business; and he that divideth too much, will never come out of it clearly. The gentle master stevedore had his hands very full at last; and the chief mate became worried in his mind as to the proper distribution of the weight of his first cargo in a ship he did not personally know before. |
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