Self-interest is a pillar on which the economic system of capitalism is built.

Question

Quizplus · Accepted Answer

Self-interest, or the pursuit of one's own financial gain, is a central principle of capitalism. This is because in a competitive marketplace, individuals and businesses are driven by the desire to maximize profits and minimize expenses. This self-interested behavior is believed to help allocate resources efficiently and create economic growth.

Self-Interest Is a Pillar on Which the Economic System of Capitalism