The Rhythmic Dance book

Cover The Rhythmic Dance book
The Rhythmic Dance book
Margaret Thrse Einert
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The grocer must pay for the food which he buys to sell to the people before the people pay him; and he must pay his helpers, the rent, and many other expenses before his cus- tomers pay for what they buy. The machines used in our large factories are too expensive for the workmen to buy. So some one must pay for these machines long before the products of the machines can be sold. You can think of many other instances of this same kind.
In the organization of any business some person or per- sons
... must invest the money that is necessary to start it. The boy or girl uses this money to buy a number of papers or magazines to sell. The merchant uses it to buy or to rent a store and to buy the necessary stock of goods and equipment. The manufacturer uses it to buy a location, to install the necessary machines, and to buy the materials that he will need. All of this is necessary before any busi- ness can be carried on. The money that a person must invest to start a business is called capital. No kind of business can be run without capital; and the larger the business, the larger the capital that is needed.

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