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Why is profit necessary for the economy to work effectively?
Profit is necessary because without it they will lose money and won't be able to produce any goods. people will lose their jobs because they don't get money.

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Profit is necessary for economy to work so that people can survive and keep buying goods and needs.

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that no profit we will not be able to gain money as unemployment rate would be high as economy would not be able to get money or taxes from the people

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Profit is necessary to stimulate our economy. The profit not only benefits the businesses but also the people working for the business.Without profit businesses would go broke and the country as a whole wouldn't be.

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Profit is

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profit necessary for the economy because without money you can not progress on better things.

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profit is necessary for the economy to work

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An economy without profit is failing. The consumers of the economy need the product either for their own comfort or it is a survival need . Without profit the product is not able to be produced, and the consumers aren't able to buy it In conclusion the economy makes no money making the system corrupt and people to be in proverty.

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profit is necessary for the economy to work effectively, because That's how us workers get paid and make money. with the profits they make, companies are able to make better things

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Profits are necessary because thats how us workers get paid and make money. profits also effect the economy in a good way because if the business is making good profit then the prize on the product they provide may go down or the product can improve itself because now they have more money to spent on it.

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" Why is profit necessary for the economy to work effectively"?

Profit is necessary for the economy to work because businesses have to gain money from what they're making, and if there is no profit, then there will be nothing to gain from it/ consume.

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Why profit is necessary for an economy to work efficiently is because if there is no profit there is nothing to consume

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Profit is necessary for the economy to work effectively, because without profit there is nothing to keep the workers in action. No money = profit then businesses wouldn't be in effect. The profit is the only real thing that is keeping the workers going. The money can satisfy their needs and wants.

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Why is profit necessary for the economy to work effectively

?..Because when thers no profit there is no reasoning in many people's eye's

Can you see any benefits to consumers when a business makes a profit

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Profit is important for the economy because without no profit no ones going to do business if there is nothing for them. But if there is people or companies that will do bussiness with you then you will get something out of it.

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profit is important because when you make profit you can expand your business and get more needs and wants and make more money by more profit

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Profit is necessary for the economy to work effectively because without profit there is no motivation in the workers. I do see benefits to consumers when a business makes a profit because when they do make profit that means whoever made the trade-off got what they wanted.

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Profit is necessary because of the economy and also the jobs

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profit is necessary for the economy so it can grow bigger and yes consumers get a benefit because they get my goods and needs

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The money the businesses make is better for the economy so it can function because more money is being passed around. It's good for the consumers being they are receiving the goods and services they need.

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Profit is necessary because its what makes  the economy work. Consumers purchase products because it's what they want. Consumers do get the benefit if they enjoy the product they buy.

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Profiting is both good for the economy and consumers this means more money is being passed around meaning business are using that money to buy new technology for their business and in order to operate that tech you need people which would create jobs for the society.

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Profit is necessary to the economy because businesses needs to make money from what they're producing. With the profits they make, companies are able to make better things for us (the consumers) to buy, maybe for a higher price, and the cycle repeats.

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profit is necessary for the economy to work efficiently without it business would have no money because the money is not going to the company it is being pocketed by the employers and employees instead of being used for ordering supplys

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Profit is necessary for the economy to work well so they can invest in more goods which benefits for the consumers to have more choices to choose from.

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Profit is necessary for economy work effectively so everything will work well and business can grow and consumers will want more from that business .

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Profit is important for the economy because without it there is no leverage. What I mean is the people who work wouldn't want to work without getting paid.. the singers wouldn't do shows.

I do see benefits for consumers they get what is being made.

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without profit the economy won't work successfully.

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profit is necessary for the economy to work effectively and so that people can keep consuming.

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Profit is necessary for the economy to work effectively because if you don't make any profits you wont consume anything nor make any money. And I can see many benefits to consumers when a business makes a profit in many ways because you receive better products and goods.

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its needed so the money cycle keeps going on

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Profit is important for the economy because without profit, there is money loss, with money loss there is loss of the ability to get your needs and wants, which would kill the economy
Alexis Kerr

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Profit is necessary for the economic and consumers, this means more money is being passed around meaning business are using that money to buy new technology for their business and in order to operate that tech you need people which would create jobs for society.

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Profit is important so the economy can work successfully

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profit is necessary for the economy because the money from the profit it can be used for more resources to produce more goods and services for the consumers.  it can also benefit the consumers because they can purchase their needs and wants.

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Profit is necessary for the economy to work effectively because if no profits are being earned or made, then the economy cannot purchase what it needs to thrive.

Benefits to consumers when a business makes a profit is better products. A wider variety of products may be produced for the consumers to buy.

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Profit is necessary for the economy to properly function so businesses can expand and make more good for consumers to purchase

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Profit is necessary for the economy to work effectively because without profit, we won't have money to expand our businesses. A benefit consumers get when a business makes profit is the sales that come with that. When a business makes a profit, depending on how much they make, they can afford to do sales like how Wendy's has a four for four. 

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Profit is necessary for the economy to work effectively because without profit, we won't have money to expand our businesses. A benefit consumers get when a business makes profit is the sales that come with that. When a business makes a profit, depending on how much they make, they can afford to do sales like how Wendy's has a four for four. 

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Elizabeth Kuruc

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profit is necessary for the economy because if no profit is made then the economy cannot afford the thing they need

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profit is necessary for the economy to work effectively because without profits, you can't consume anything and you won't make any money. You want to have good stability to have a profit. Yes, you can see any benefit to consumers when a business makes a profit because they earn more money.

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profit is necessary for the expansion and growth of businesses.

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without profit an economy wont have money to buy from others

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Profit is necessary for the economy to properly function so businesses can expand and make more good for consumers to purchase, which sends much more money to the economy.

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profit is necessary for the economic to work effectively  because if no one earns a profit, they cant consume anything.
When a business makes a profit it benefits the consumers because they have the ability to purchase the things they need or want without a question.

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Profit is necessary for the economy to work effectively because without profit people wouldn't be able to expand their business or corporations, nor would they be able to produce more.

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profit is necessary for the economy because if there's no profit and there's no money for you and you need goods

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An economy without profit is failing. The consumers of the economy need the product either for their own comfort or it is a survival need . Without profit the product is not able to be produced, and the consumers aren't able to buy it In conclusion the economy makes no money making the system corrupt and people to be in proverty.

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Why is profit necessary for the economy to work effectively? Can you see any benefits to consumers when a business makes a profit?