Hollywood as a remote control of the world
Hollywood is the remote control of the world, not the only one, but one of the most important. It is with the help of Hollywood that basic ideas are introduced…

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A ticket to the post-industrial economy
There are several types of economies, and one of them is post - industrial. The transition to a post-industrial economy is one of our possible prospects, if the conditions are…

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Effective development of dealer network
The development of a dealer network is necessary because dealers help to sell. The more of them, the higher the sales, as a rule. Therefore, the development of a dealer…

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visible

How does the principle of the invisible hand of the market

The principle of the invisible hand of the market is a term coined by the Scottish economist and one of the founders of modern economic theory, Adam Smith, to explain the mysterious processes in the market. He realized that the behavior of buyers and sellers in the market is determined not only by their desires, but also by some third party, which is not visible.

The principle of the invisible hand of the market

For the reason that this side is not visible and clearly has to do with the market, it was called ” the invisible hand of the market.” This third party coordinates the decisions and desires of buyers and sellers, and does it without them noticing. Continue reading

How does the principle of the invisible hand of the market
The principle of the invisible hand of the market is a term coined by the Scottish economist and one of the founders of modern economic theory, Adam Smith, to explain…

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Marketing as a business philosophy
Marketing as a business philosophy is the norm for the modern businessman. This is due to the fact that you can get an effective business now only with the help…

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Mega effective business control system
Many businessmen, having opened a legal entity, begin to believe that now they have their own business. Satisfied, they RUB their hands at the realization that they will now work…

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Innovation as a profit generator
At all times, innovative business development brought maximum profits. If you study the history of business, it becomes obvious that the greatest profit was brought by businesses, the essence of…

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