15
Asset-Worker Ratio
Asset-Worker Ratio, an indicator showing the level of the available fixed production assets. It is determined by dividing the overall cost of the fixed assets (in comparable prices) by the number of workers at the enterprise (branch). A higher asset-worker ratio is one of the most important factors of increasing the labour productivity and the efficiency of social production. In the Soviet economy, fixed assets are steadily increasing on the basis of the automation of production and technological refitting of enterprises.
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Notes
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