money you need
Proper start of business as the key to its success
Among people who have never engaged in business, and among some businessmen there is a widespread opinion, within the framework of which it is believed that starting capital is necessarily needed to start a business. Many say that they do not open a business precisely because they do not have start-up capital. Indeed, money for starting a business is important, especially when you don’t want to mess with the opening yourself. Continue reading
The principle of the invisible hand of the market and its principles
The Scottish economist and one of the founders of modern economic theory, Adam Smith, in order to explain the mysterious processes in the market, introduced the concept of the “invisible hand of the market.” He realized that the behavior of buyers and sellers is determined not only by their desires, but also by some third party that is not visible. For the reason that this side is not visible and is clearly related to the market, it was called the “invisible hand of the market”. Continue reading
How the invisible hand of the market creates customers
There is an opinion that the invisible hand of the market is what controls the market. Opinion is controversial, but dominant. This is considered because the market is uncontrollable and seems to be working on its own, as something independent. As a result, the market must comply, it must be adjusted to, its opinion must be taken into account, it must be guided by its desires. Continue reading
