Use sharing buttons to post the above picture status/posts on social networks such as Facebook, Twitter, etc. To share it as Whatsapp status from mobile, tap the image and hold for few seconds.
Economy Quotes
Without economy none can be rich, and with it few will be poor.
Share your explanation or any life experience related to this quotation. Your experience may inspire and motivate someone. Help create a positive impact by commenting below.
Main Topic: Money Quotes
Related Topics: Economy, Rich, Poor
Without economy, none can be rich, and with it, few will be poor.
Author: Samuel Johnson.
Everyone in this world requires other’s help in leading their life. It is practically not possible for any individual to lead a life in this world without other’s help. Everyone cannot have everything every time. So seeking help from others and offering help to others is a basic need in this society.
Farmer requires clothes. Cloth makers require food. In this sophisticated world, it is impossible to make everything one needs, all by himself. Whatever one makes needs to be exchanged with others such that every basic need of everybody is met. This is the beginning of economy and commerce.
If everybody has to make all their basic needs, the value of the material produced will be same. When the value of the product is same, there is not rich and poor in the society. But in current society, the value of every product varies. Moreover, marketing and advertisements increase the perceived value of the product by multi-folds by utilizing human weakness and novelty seeking behavior. This creates the rich and poor in the society.
Leave a Reply