competition-always-economical-efficient-method-production-successful

Competition always tends to bring about the most economical and efficient method of production. Those who are most successful in this competition will acquire more capital to increase their production still further; those who are least successful will be forced out of the field. So capitalist production tends constantly to be drawn into the hands of the most efficient.

0/5 (0)

Henry Hazlitt's Popular Quotes

0 Comments

Login to join the discussion