Ask Question
17 January, 14:14

According to Say's Law, people

+4
Answers (1)
  1. 17 January, 14:42
    0
    It is an economic rule stating that production is where demand originated. When a person creates a product and that gets sold, the person gets paid. Once he gets paid he can then demand other goods and services by paying. This was developed by Jean-Baptiste Say who believed in free enterprise and was inspired by Adam Smith. He added that value of the products we buy depends on the value of the products we make. So it means you get what you put in.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “According to Say's Law, people ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers