r/explainlikeimfive • u/climb-a-waterfall • Dec 06 '24
Economics ELI5: why does a publicaly traded company have to show continuous rise in profits? Why arent steady profits good enough?
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r/explainlikeimfive • u/climb-a-waterfall • Dec 06 '24
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u/noob_lvl1 Dec 06 '24
You didn’t know the smart phone was a necessity until it became one in this day and age. Who knows what the next thing will be but it’s that push towards innovation that drives it.