hyödykkeen

Hyödykkeen is the genitive singular form of the Finnish noun hyödyke, which denotes a good or commodity that has utility and can be exchanged on markets. In economics, hyödyke refers to resources that satisfy human wants and are scarce relative to demand; hyödykkeit can be tangible goods or intangible services.

Hyödyke can be classified by its role in consumption and production. Consumer hyödyke includes goods and services purchased for personal use. Capital hyödyke comprises inputs used to produce other goods or services, such as machinery, buildings, software, and tools. Intermediate or välituote hyödyke refers to goods used in the production process that are not final products. Services also function as hyödykkeit in the economic sense, even though they are intangible.

In markets, hyödykkeen value is derived from scarcity, utility, and demand, and its price is determined by supply and demand, competition, and external factors. Ownership, property rights, and regulatory context influence how hyödykkeit are produced, traded, and used. In accounting and statistics, hyödyke inventories and fixed assets are tracked on balance sheets.

Etymology and usage: hyödyke means utility or useful thing; hyödykkeen is the genitive form, used in phrases such as hyödykkeen arvo (the value of the good) or hyödykkeen markkinahinta (the market price of the good).

Examples include staple foods, vehicles, and software licenses. The concept encompasses both physical goods and services that are bought, sold, or used in economic activity.