Corporations and businesses do not create jobs. People who buy from the corporations and give them their money are the reasons jobs are created in corporations and businesses.
Disagree. It's a two way street. You need the individual/entrepreneur whose willing to take the risk of opening a business in the 1st place. S/he needs to offer a product or service buyers want/need then they have to buy it for the business to grow.
I think this might be false. Most businesses, at least here in America, seem to hire every available employee regardless of the cost and maximize production regardless of demand, working on the concept of "If you build it, they will buy."
A business opens , hires basic staff and followed by customers. The more the products are purchased the more people are hired. So I'd say a little of both. But to flat out say business does not create jobs is a very ignorant statement.
While I concur that there would be no enterprise without consumers I will say that businesses most certainly create jobs. Demand can exist for a product or service that has little to no supply. Really the relation for jobs is mutualistic.
Yes. It's possible for markets to exist and go unexploited by many or any businesses. More likely the former. If there is little competition then there are less jobs available because there will be less centers of production necessary.
But what you brought up is also true. For example consider a model market for an Ebola vaccine. People are scared about the possibility of catching Ebola so there is a high demand for that product, however there is no vaccine currently available to
the general public. Of course once this product is produced the supply curve will be created and we will see high demand, high prices, and increasing quantity. Big pharmaceutical companies will make a lot of money.
The business fronts all the financial liability banking on people buying their product. Without the someone starting the business, the business doesn't exist to hire the jobs
I'm going to disagree because the argument is too narrow.
Commerce is much more complex than to say business/customers create jobs.
A product could be in great demand but if a business doesn't invest in resources (employees) then no product.
People buy things because the business created them and markets them. Good marketing will create a higher demand and as a result more jobs needed. Bad marketing can do the opposite
Businesses are a necessary, but not a sufficient, condition to create jobs. Customers, however, are both a necessary and sufficient condition to create jobs, because customers can and do buy services directly from other people w/o business involved.
Dammit, got that backwards. Businesses are neither necessary nor sufficient condition to create jobs. Jobs can exist without businesses, and jobs aren't created by businesses alone.
Customers, however, are both. Jobs can exist with only customers, and customers can create jobs without any outside help. So it's pretty much absurd to say that businesses create jobs, and it's strongly iffy to say that it's even a cooperative thing.
This. Business will start where people are demanding something from others who can provide it, but customers won't start just because a business exists - they have to create customers.
(Warning: Following link may be liberally biased. It has Hillary's statement followed by Conservative/Right Wing News Source's, then follows up with economist's statements backing up Hillary. Not really a fair rebuttal with Media vs Economists)
Oh my god. I was so happy because it proved me wrong at first "Yes we're republicans supporting the democrat" after j had said "Yeah but they'll probably defend him to the end"
Yes but according to the theory that is the economic cycle. I can see it as the businesses create new needs for products. As in the new Oculus Rift. No one NEEDS that but they want it now.
By creating the product need (Demand) this therefore gets people to purchase it. The theory states the people purchasing it are responsible for creating more jobs by requiring more products to sell (Supply).
Show of Hands
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