Question

2. Greed is usually associated with negative outcomes and as being “bad.” In the video, several positive examples of greed were given. One such example was that “greed” was largely responsible for the creation of better products due to “greedy” people in their attempts to get rich, using their know-how and innovation to provide goods and services that others would buy. Please cite three additional examples from the video that demonstrate greed not being viewed as a negative

Answer 1

Step-by-step explanation:

trait.

1. Greed motivated people to take risks and be creative, leading to the invention of revolutionary technologies such as the telephone and the automobile.

2. Greed drove people to push the boundaries of existing knowledge and develop new methods of production and organization, such as Henry Ford's assembly line.

3. Greed motivated people to work hard and come up with new ideas, such as the creation of franchises and the introduction of new products into the market.