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Do Consumers, and consumers alone, create jobs?

  
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Do Consumers, and consumers alone, create jobs?

Postby adin55 » Wed Dec 21, 2011 12:38 pm

Both the consumer and producer are needed. Even in the conception stage of any business, there must at least be a "perceived demand", else the investor would not choose to produce (why would he?) Likewise, the consumer is dependent on the choice of the producer to do so.
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Do Consumers, and consumers alone, create jobs?

Postby dallen47 » Wed Dec 21, 2011 12:43 pm

Greece is a communist country mate. Communism doesnt mean slave labour, low wages and poor people.

You dont know much about industrialisation, Primary, secondary and tertiary producers, etc do you?

Basically high tech products and manufactring techniques allow primary producers, the innovators of technology to produce stuff much cheaper and additionally produce stuff which they invented themselves, so as to make money from it, as its more scarce.

Secondary tend to be countries like india, which can manufacture generic drugs and other items, but largely dont have too much going on in the way of innovation of high tech or cutting edge manufacturing.

Tertiary would be places like africa. Nothing, just consumers.

Basically, the way China is defying growth is through theft of intellectual property. They take the tech from companies in the primary innovators and then they plow money in to copying it.

Once we stop this, the world order will be as it was before. But until then, a gradual slide will occur.
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Do Consumers, and consumers alone, create jobs?

Postby archy » Wed Dec 21, 2011 12:54 pm

Greece is a communist country mate. Communism doesnt mean slave labour, low wages and poor people.

You dont know much about industrialisation, Primary, secondary and tertiary producers, etc do you?

Basically high tech products and manufactring techniques allow primary producers, the innovators of technology to produce stuff much cheaper and additionally produce stuff which they invented themselves, so as to make money from it, as its more scarce.

Secondary tend to be countries like india, which can manufacture generic drugs and other items, but largely dont have too much going on in the way of innovation of high tech or cutting edge manufacturing.

Tertiary would be places like africa. Nothing, just consumers.

Basically, the way China is defying growth is through theft of intellectual property. They take the tech from companies in the primary innovators and then they plow money in to copying it.

Once we stop this, the world order will be as it was before. But until then, a gradual slide will occur.
The only people who find what they are looking for in life are the fault finders.
archy
 
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