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Form of Value

Also known as “value form”. The form in which the value of a commodity is expressed in relation to the natural form of the commodity. Use-value and value present the dual form of the commodity, i.e., the natural form or property and the social form or property. Commodities cannot manifest themselves directly in terms of value and magnitude of value, but must be expressed relatively in the exchange of two commodities through another commodity, which becomes a form of appearance of value.

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