One definition of microeconomics that
then emerges is as follows: it is a
study of how individuals discover and react to information in the market as
part of their division of labor to produce and to earn income, so as to meet
their personal desires for goods and services.
Each experience in the series of knowledge
gaining experiences is more competitive than the preceding period. In other
words, we are constantly searching for ways to make things better for
ourselves. And since competition and entrepreneurship are analytically inseparable
these experiences act to stimulate our entrepreneurship. That is very good news
indeed since releasing our potential, by changing our entrepreneurship from
latent to active, leads to prosperity.Check out my new website: http://bruce-koerber.squarespace.com
No comments:
Post a Comment