Term income can be explained as the process of
within the boundary of psychological fields.Psychological
is made up of generator psychology and expender
For the individual possesing generator psychological
transfer of resources is income and the
individual from whom
the resources has been transferred in that time
frame is possessed
with the expender psychological state.
Above view can be put into dynamic equation form
PI(t) = GP(t) - EP(t)
PI is psychological income, GP is
generator psychological state, EP is expender
psychological state, t denote time.
Diffrence between above said psychological
states result into
income in some particular time frame t.
by assigning numerical value to GP which can be
expressed in value, and to EP which can be disposable
above relation can then be as per below:-
I(t) = O(t) - DS(t)
I income, O is value of physical
output available for sale
and DS is disposable surplus to buy in value, t
So term income has been enquired from
psychological which is
the basis as well as economics point of view.
basis of survival seems to be related with the
"curiosity". The higher the degree of curiosity
in wide variety of expressions the stronger the
surviving. Zero curiosity is similar to the state of
in nonphysical way then finally in physical way.
is the driving force and when this curiosity transform in
physical action lead to various technogical and other
developments.These developments generate
conditions for surviving.
In algebraic form simply it can be put forward as:-
S= f ( Cl)
S is survival factor, Cl is curioisity level.
of production can be explained as a
from the squeezed state to an expanded state
which has been produced has the utility and
utility is well
felt when it is in expanded state and not in squeezed
For example ,sand particles can be described as the
squeezed state whereas crystals can be described
as a expanded state as crystals have high utility in
comparision to sand particles.
can be put in simple algebraic form as follows;-
p= f (S)
p is production, S is squeezed state . Any change in
squeezed state result into production . Positive change
is production ( which is expanded state).