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Introduction To Business
Beginning of paper
Business plays a major role within our society. It is a creative and
competitive activity that continuously contributes to the shaping of our society.
By satisfying the needs and wants people cannot satisfy themselves, businesses
improve the quality of life for people and create a higher standard of living.
It is a way for individuals t .... Middle of paper
.... and capital in a way that will make them
more valuable. Operating in a political and economic climate that supports
individual rights, American business has as its guiding principle the right to
private ownership and profit. The amount of goods produced depends upon the
number of resources available for use. This idea is commonly known as "Supply
and Demand". Businesses must attempt to reach an equilibrium between the two
which will dir ....
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Number of words: 4078
Number of pages: 15 (approx. 250 words per double-spaced page)
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