Social Service By Louis F Post

Cover Social Service By Louis F Post
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If the final act were not demanded, the commer- cial and industrial stream would "back water"; all the preceding acts of production would im- mediately slacken and finally stop. If the pur- chase of shoes at retail stores stopped, all the mul- tifarious processes of making shoes, and of making the machines and buildings for those processes, would also stop.
In whatever light you examine the law that demand for consumption determines supply by production, you will find that it holds good in all
...circumstances. It is the same whether demand causes the production throughout of the particu- lar thing demanded, or simply keeps the stream of production flowing. It is the same where popu- lation is dense, division of labor minute and civili- zation high, no less than on a lonely island with a population of but one or two, or in the almost self-sufficing hamlet of our far-away boyhood.
And of course this law determines quality and variety as well as quantity. Demand for more wealth of every variety, directs service to the pro- duction of more wealth of every variety.


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