Question 1 of 10 Which economic theorist argued that producing goods would naturally create an additional demand for related goods? A. Thomas Robert Malthus B. Karl Marx C. David Ricardo D. Jean-Baptiste Say

Question

Question 1 of 10 Which economic theorist argued that producing goods would naturally create an additional demand for related goods? A. Thomas Robert Malthus B. Karl Marx C. David Ricardo D. Jean-Baptiste Say

Answer 1

D. Jean-Baptiste Say

Answer 2

Jean-Baptiste Say is best known for his law often summarized as "Supply creates its own demand." He argued that the production of goods and services generates a corresponding demand for other goods and services. This theory implies that any production automatically creates enough demand to purchase all goods produced.

Question

Question 1 of 10 Which economic theorist argued that producing goods would naturally create an additional demand for related goods? A. Thomas Robert Malthus B. Karl Marx C. David Ricardo D. Jean-Baptiste Say

Answer

Answer

Explanation