Essentials of economics

Examples of classical sentences in economics:

1, the leader's performance is not how much the individual has done, but whether he can mobilize the enthusiasm of all members. Barnard

2. Technological progress, increased investment, specialization and division of labor are not decisive factors for economic growth, but institutions are decisive factors for economic growth. Nos

There will be no pie in the sky, and it is impossible for business owners to show mercy. The increase of workers' wages can only come from people's investment in themselves, thus improving their own quality and labor efficiency. Schurz

4. An effective property right system that provides appropriate personal incentives is a decisive factor to promote economic growth. Nos

When a person has made achievements and got rewards, he not only cares about the absolute amount of his return, but also cares about the relative amount of his return. Therefore, he has to make various comparisons to determine whether his remuneration is reasonable, and the results of the comparison will directly affect his enthusiasm for future work. Adams

6. Motivation can be cultivated and stimulated. McLelland

7. The so-called innovation refers to the establishment of a new production function, that is, the introduction of new combinations of production factors and production conditions into the production system, and the function of entrepreneurs is to introduce new combinations and realize innovation. Schumpeter

10, salary is the reward of labor, and profit is the reward of abstinence. elder

1 1. If a company has many people who need to achieve, then the company will develop rapidly; If there are many such companies in a country, the economic development speed of the whole country will be higher than the world average. McLelland

12. The illiterate people in the future are those who have no knowledge and will not update their knowledge. The main reason why adults are eliminated is the decline in learning ability. Drucker

13, successful supervision activities require a person's talent far exceeding the ability to guide others' work. Sisk

14, the laboratory can only produce great designs, and great products can only be produced in marketing. Kotler

15, for commodity production, expanding the market is the fundamental to solve the problem. Adam Smith

16, there is no best, only suitable. There are no universally applicable management principles and methods, and management can only be determined according to various specific situations. Arthur Federer

17, the consumption expenditure depends on the expected income in the future. Friedman

18, it is better to teach people to fish than to teach people to fish. Schurz