Home
/
Business
/
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

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

expert verifiedVerification of experts

Answer

4.4280 Voting
avatar
ZephyrMaster · Tutor for 5 years

Answer

D. Jean-Baptiste Say

Explain

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.
Click to rate:

Hot Questions

More x