Question

What term describes the force that encourages people and organizations to improve their material well-being?

Answer 1

The answer is: Profit Motive

Answer 2

The correct answer is A) profit motive.

The item that describes the force that encourages people and organizations to improve the material well being is profit motive.

That is the reason why people work, to make a living and every day a much better way of living. That is the reason for Companies to exist, to make a profit. That is why Capitalism is the economic system in North America, to allow people to make a profit doing business. People work to have material things and save money to do many activities. The companies need to be profitable to repay their money to investors and owners. So it is correct to say that The item that describes the force that encourages people and organizations to improve the material well being is profit motive.