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tatiyna
3 years ago
7

How is it that people working in their own self-interest produce goods, services, and wealth for others?

Business
1 answer:
Brums [2.3K]3 years ago
8 0

Answer:

Explanation:

In order to earn money and produce goods that improve lives, self-directed gain would provide jobs, and subsequently wages for others.

The way people can become wealthy by their own efforts is to sell what they produce to others. As the business grows, labor is hired to produce more. This is the 'invisible hand' concept that turns self-directed gain into social and economic benefits for all.

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Working with a reseller can also streamline product sourcing. A business that needs to purchase multiple technology components can make those purchases through a single reseller versus approaching multiple manufacturers or service providers directly. Competitive pricing may also attract customers to resellers.

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I hope you find this information useful and interesting! Good luck!

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