Exactly. That is why I made the claim that the relationship is symbiotic.
I wouldn’t manufacture a product unless my research found that there were willing customers. Even then I’m taking a chance (capital risk).
The smart producer - the most successful - is the one who understands the (potential) consumers of his product; what they want, what they need...
Well said!
“That is why I made the claim that the relationship is symbiotic.”
Yep. It’s “supply and demand”.
Not “supply or demand”.
However, the problem is when all the stuff we are demanding is supplied from overseas. Like my young kids. They get spending money from birthdays and Christmas. Without actually producing anything, they are pretty limited in their consumption.