Income as a reward for services rendered to other

Some acquire skills andPeople differ in their abilities, skills, abilities,preferences, attitude to risk, the degree of luck. These differences,affecting the value of goods and services they offer to others,reflect on their personal income.In a market economy, income is compensation for services rendered by othersmembers of society. People who have high income, provide a lot of goodsand services that are valued by others, otherwise no one would want as muchpay them. The moral of the market: if you want a high income,You should understand, in what capacity would you be most usefulother. Conversely, if you can not or do not want to benefitothers, then your income will be low.This is a direct relationship between utility and other income-gives everyone a strong incentive to acquire skills and develop those talents,which are most highly valued by others. Students spend many hoursfor textbooks, experience stress and spend money only tobecome doctors, chemists or engineers. experiences that help them become qualified electricians orprogrammers. Someone puts money in your own business ...Why do people act that way and not another? In their decision, of course,influenced by many factors. Someone, perhaps guided by a burning desire toto improve the world in which we live. However, it is important that those whosethe main motive - to make money, too, are making efforts to obtainqualifications and training business, in which society nuzhdaetsya.Mnogie think that people with higher income, be sure someoneexploited. The realization of income as compensation received for broughtother benefits, helps to reveal the fallacy of this view. People with highincome is almost always improves the welfare of a large number of otherpeople. Entertainers and athletes who receive huge incomes, achieve thisdue to the fact that millions of people are willing to pay to see themskills. Successful entrepreneurs make their products availablemillions of consumers. The late Sam Walton - founder of theshops "Walmart Stores" - became the richest man in the UnitedStates, revealing an efficient way of operating huge reservesproduction and filling provincial America brand products at lowprices. Later, Bill Gates, founder and president of the company "Microsoft",took first place in the list of "four hundred richest people" in the journal"Forbes" as a result of a software product that significantlyimprove the efficiency and interoperability of personal computers.Millions of consumers have never heard of a Walton or a Gates,have benefited through their entrepreneurial talents and cheapproducts. Walton and Gates amassed huge fortunes, because broughtbenefit so many people.