Feminist economists can broaden our understanding of economic processes and institutions by exploring the ways in which people's economic opportunities, choices and constraints are influenced by their multiple and often contradictory social locations. Examining the ways in which ostensibly universal categories are constituted by oppositional dualisms can reveal the ways that false universalism naturalized and reproduces social hierarchy and inequality. Finally, taking gender seriously, as well as other significant dimensions of collective identity, will result in less partial and less distorted accounts of people's actual lives in all their many varieties. This can lead to economic theorizing that illuminates economic realities and facilities socially progressive policy analyzes (Burnett, 1999).

Value is the most important word to understand an economic and non-economic context. The word means to be strong or worthy. In purely economic terms is refers to the amount of some commodity, medium or exchange which is considered to be...
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