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Business, 25.02.2021 22:50 niescarlosj

“But it is only for the sake of profit that any man employs a capital in the support of industry; and he will always, therefore, endeavor to employ it in the support of that industry of which the produce is likely to be of the greatest value, or to exchange for the greatest quantity either of money or of other goods…It is his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to the society…By directing that industry in such a manner as its produce may be of greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.” According to Smith, what motive drives investors in a capitalistic economy?

to reform business
to make a profit
to provide employment
to create an industry

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