Say's Law Of Markets | Says Law Of Markets | Macroeconomics | Economics | J B Say | UPSC | Says Law

Say's Law of Markets, proposed by J.B. Say, posits that supply creates its own demand. As production increases, so does income, leading to higher demand. The law suggests that general overproduction is impossible in the long run, as aggregate supply and demand will always equalize, emphasizing the importance of market dynamics and government non-interference.