The collective productivity of the people determines the state of the economy. A strong economy requires you to be concerned about increasing the productivity of everybody. For economic expansion and the creation of profitable businesses, cooperation and collaboration are crucial. Personal ambition should be balanced with a focus on collective efforts for the greater good of the economy. It takes the collective effort of people to build big companies that can impact the economy. Nobody single handedly does great things. You must be conscious of the fact that great things happen in the economy when we leverage each other’s productivity.
Consider the world’s largest economies if you want to see this principle in action. And the largest economic entities in such a country. You will notice how the concern is not on how a single person can make more money. They rather focus on improving the productivity of everyone. Consider the tech giant Apple. Apple’s success is a result of the collective efforts of various stakeholders and suppliers. It may surprise you to learn that Samsung is a major supplier of iPhone components. The development and success of a company are the results of the teamwork of numerous parties. And in turn, contribute to the growth of the economy.
A strong economy is built on the collective productivity of the people. We must work together and sacrifice personal ambition for the greater good. Economic growth can only be achieved when all members of society work together to increase productivity. Businesses and organizations must be able to leverage the collective efforts of multiple parties to achieve their goals. You cannot continue to work alone and expect to see significant results. There is no global business in the world that is entirely owned by a single person. We cannot build a prosperous future for everybody by working in isolation.
