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This is the article for all Niche Bloggers, Entrepreneurs and Investors. Fitter Trade Theory Balbir Singh Pdf Download- this is the article to read if you need to learn about how to start a business in your 'niche'. The Fitter Trade theory was developed by economist Robert L. Heilbroner who argues that there are certain members of society who possess natural talents in specific areas which make them uniquely qualified for certain jobs (i.e professionals, managers). These individuals use their natural skills and training to provide goods or services at a premium price while the less-skilled workers produce goods or services at much lower prices (that consumers typically buy). It is therefore argued that, in a country with a free-market economy and limited government intervention, the supply of goods and services will be determined by natural selection. Individuals who offer goods and services based on their abilities (their talents) will thrive while those who do not will fail or be forced to make a living on more inferior products or types of work. The theory states that individuals will possess these talents in various areas such as: Examples include: cars; computers; engines; welding; book publishing; aircraft design and/or manufacture, etc. These are called 'high skill' jobs. Examples include: pedicure; manicure; beautician; fashion designer; interior designer, etc. These are called 'high income' jobs. Examples include: pedicures; manicures; haircuts and/or colouring and styling and/or perming (for hair); waxing (for body); massaging (for body); facial treatments (e.g. microdermabrasion), etc. These are called 'low skill' jobs paying low income working directly with the customers e.g., nail technicians, spa workers, massage therapists, beauticians, barbers and hairstylists, etc. In addition, these jobs are the most crowded job category. The Fitter Trade Theory is a theory of economic growth and economic development, and has been criticized as simplistic. Some authors have argued that it may be difficult to explain the role of the skilled worker in the economy and that it is an oversimplification. 13 August 2011, The Economist | Fitter Trade Theory Balbir Singh Pdf Download "" :http://www.dealernewsasia. com/ " :http://www.dealernewsasia.com/ " :http://www.dealernewsasia.com/ Fitter Trade Theory Balbir Singh Pdf Download-4-(3318) | Free... Fitter Trade Theory Balbir Singh Pdf Download-4... Fitter Trade Theory Balbir Singh Pdf Download-4-(8550) | Fuegoteam.. (5).. cfa1e77820
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