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The fundamental tenet of capitalism is that it is meant to be a system whereby those businesses that effectively find ways to earn income that cowl their prices (i.e. profit) would each generate and appeal to additional capital that could possibly be used to grow the business. That is a horny system as a result of, in principle, it is meant to reward these companies that discover methods to effectively meet society’s needs. Adam Smith’s notion was that it might be much better than benevolence if members of society aimed to specialize in addressing a societal want after which, those who did it best, can be rewarded with revenue that could possibly be used to develop the enterprise and spread this innovation to more segments of society in want.
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