A Quote by Stephen Covey

A little over 5% of the world's population produces almost 29% of the world's goods and services. — © Stephen Covey
A little over 5% of the world's population produces almost 29% of the world's goods and services.
When the banks create the money, they don't create the interest. They send you into the world to compete with everybody else to get the second $100,000 that never was created and bring it back to them. So if we're in a world with zero-growth population, goods, services, and money, the problem would be obvious.
Churches are tax exempt because they are supposed to provide a public good. To prove that good to the IRS, churches arent supposed to hoard their money. They are supposed to spend it on goods and services for the faithful. Under this pretense, the church has made massive investments in tax free real estate all over the world. And when it comes to labor costs, they are almost free.
Wealth comes from the production and exchange of goods and services. If someone efficiently produces a good that many people willingly trade their money for, he becomes wealthy.
The world has changed. It's not enough to simply buy American; we have to sell American, sell our products and goods and services throughout this world.
Money does not pay for anything, never has, never will. It is an economic axiom as old as the hills that goods and services can be paid for only with goods and services.
I have read a great deal of economic theory for over 50 years now, but have found only one economic "law" to which I can find NO exceptions: Where the State prevents a free market, by banning any form of goods or services, consumer demand will create a black market for those goods or services, at vastly higher prices. Can YOU think of a single exception to this law?
While other individuals or institutions obtain their income by production of goods and services and by the peaceful and voluntary sale of these goods and services to others, the State obtains its revenue by the use of compulsion; that is, by the use and the threat of the jailhouse and the bayonet.
Less cars on the road means productivity and jobs growth, as it allows for the more efficient movement of goods and services and encourages greater urban population density.
Free election of masters does not abolish the masters or the slaves. Free choice among a wide variety of goods and services does not signify freedom if these goods and services sustain social controls over a life of toil and fear – that is, if they sustain alienation. And the spontaneous reproduction of superimposed needs by the individual does not establish autonomy; it only testifies to the efficacy of the controls.
The world produces enough food to feed the entire population. It's a travesty that anyone should go hungry anywhere.
Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central bankers.
Consumers need more insight into the goods and services they purchase. Businesses need to produce those goods and services more sustainably.
We are entering a new phase in human history - one in which fewer and fewer workers will be needed to produce the goods and services for the global population.
As in Rome there is, apart from the Romans, a population of statues, so apart from this real world there is a world of illusion, almost more potent, in which most men live.
At the moment, for example, maybe ten percent of money in the world is related to goods and services. Ninety percent of money is just moving around the world, chasing money. So, money has become the ruler. And we have become the servant.
Almost half of the population of the world lives in rural regions and mostly in a state of poverty. Such inequalities in human development have been one of the primary reasons for unrest and, in some parts of the world, even violence.
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