According to Adam Smith, as long as farmers, laborers, and businesspeople received economic reward for their efforts, they would work hard. As a result of this self-directed desire to gain, the economy would prosper and everyone would become wealthier. Smith called this process:
1 answer
Question:
According to Adam Smith, as long as farmers, laborers, and businesspeople received economic reward for their efforts, they would work hard. As a result of this self-directed desire to gain, the economy would prosper and everyone would become wealthier. Smith called this process:
Answers
According to Adam Smith this process is called "The invisible hand".The invisible hand helps the market to find stability without being forced into abnormal patterns by administration or other interventions.Farm owners, workers, corporate executives, and entrepreneurs, as per Smith, would labor diligently to earn cash benefits for their efforts if they could see them. The industry itself would benefit as a consequence of their efforts, with more than enough food and merchandise accessible to everyone.Learn more:https://brainly.com/question/1056081?referrer=searchResults
Similar Solved Questions
1 answer
A new suit costs $678.90 but it is on sale for 40% off. Find the discount and the new price.
A new suit costs $678.90 but it is on sale for 40% off. Find the discount and the new price....
1 answer
Please help me! I have limited time! I will give BRAINLIEST!!! Question: Rewrite the same sentence in your own style and and describe ways in which your revision improved the sentence or made it less effective. Sentence: And he ketches Dan’l by the nap of the neck, and lifted him up and says “Why, blame my cats, if he don’t weigh five pound!” And turned him upside down, and he belched out a double handful of shot. Please I would appreciate anyone’s help bcz I’m rly struggling! Thank you :)
please help me! I have limited time! I will give BRAINLIEST!!!
Question:
Rewrite the same sentence in your own style and and describe ways in which your revision improved the sentence or made it less effective.
Sentence:
And he ketches Dan’l by the nap of the neck, and lifted him up and says ...
2 answers
In basketball the number of points you score is given by 3x+2y+1z where x is three pointers y is two pointers and z is free throws
In basketball the number of points you score is given by 3x+2y+1z where x is three pointers y is two pointers and z is free throws...
1 answer
11. If you begin investing at age 25 instead of age 20, how much more do you need to invest per month to have $1M at retirement?
11. If you begin investing at age 25 instead of age 20, how much more do you need to invest per month to have $1M
at retirement?...
1 answer
Frank Smith is incarcerated in a federal prison for possession of a large amount of cocaine and methamphetamine. He refused to plea bargain and instead insisted the case go to trial, where he was convicted by a jury. Prior to sentencing, the judge on his case received relevant information about Frank (such as his employment status, mental health status, substance abuse history, and prior criminal record, among other relevant information) from a document filed by a probation officer. This documen
Frank Smith is incarcerated in a federal prison for possession of a large amount of cocaine and methamphetamine. He refused to plea bargain and instead insisted the case go to trial, where he was convicted by a jury. Prior to sentencing, the judge on his case received relevant information about Fran...
2 answers
Which organism depicted in this food web is a producer?From where do producers obtain their energy?
which organism depicted in this food web is a producer?From where do producers obtain their energy?...
1 answer
Explain how latitude influence temperature of an area
explain how latitude influence temperature of an area...
1 answer
Evaluate 64^1/2 x 10^-2 Give your answer as a fraction in its simplest form.
Evaluate 64^1/2 x 10^-2
Give your answer as a fraction in its simplest form....
1 answer
Substances have a fixed arrangement of atoms. true or false (NO LINKS PLEASE)
Substances have a fixed arrangement of atoms. true or false (NO LINKS PLEASE)...
1 answer
Tariffs are taxes on foreign imports. In our federal system, the power to levy tariffs is a power A. granted exclusively to the Federal Government by the Constitution. B. assumed by the Federal Government. C. shared by both the State and Federal Government concurrently. D. denied to the Federal Government and reserved to the States.
Tariffs are taxes on foreign imports. In our federal system, the power to levy tariffs is a power
A. granted exclusively to the Federal Government by the Constitution.
B. assumed by the Federal Government.
C. shared by both the State and Federal Government concurrently.
D. denied to the Federal ...
1 answer
How long does it take (in seconds) a 80,000 W motor to do 3,000,000 J of work?
How long does it take (in seconds) a 80,000 W motor to do 3,000,000 J of work?...
1 answer
What is the range of the functions h(x)=-8^x
What is the range of the functions h(x)=-8^x...
2 answers
The excess return is computed as the: Multiple Choice return on a security minus the inflation rate. risk-free rate plus the inflation rate. risk premium on a risky security minus the risk-free rate. risk-free rate minus the inflation rate. return on a risky security minus the risk-free rate.
The excess return is computed as the: Multiple Choice return on a security minus the inflation rate. risk-free rate plus the inflation rate. risk premium on a risky security minus the risk-free rate. risk-free rate minus the inflation rate. return on a risky security minus the risk-free ra...
2 answers
Which of the or the following ordered pairs is a solution of x+1/2 y=1?
Which of the or the following ordered pairs is a solution of x+1/2 y=1?...
1 answer
1. 4(x - 2) = x + 10 2. 2/3(n - 6) = 5n - 43 3. -2(y + 12) = y - 9 4. 8(12 - k) = 3(k + 21) 5. 8(-1 + m) + 3 = 2( m - 5 1/2) 6. 2y - 3(2y - 3) 2 = 31
1. 4(x - 2) = x + 10
2. 2/3(n - 6) = 5n - 43
3. -2(y + 12) = y - 9
4. 8(12 - k) = 3(k + 21)
5. 8(-1 + m) + 3 = 2( m - 5 1/2)
6. 2y - 3(2y - 3) 2 = 31...
2 answers
Which synonym for reverence would best fit the connotation of the following sentence? The boys approached the memorial quietly and placed a bouquet of flowers on the ground in __________ of their grandfather’s sacrifice. memory honor support acknowledgement I GOT THE ANSWER IT IS HONOR
Which synonym for reverence would best fit the connotation of the following sentence?
The boys approached the memorial quietly and placed a bouquet of flowers on the ground in __________ of their grandfather’s sacrifice.
memory
honor
support
acknowledgement
I GOT THE ANSWER IT IS HONOR...
2 answers
What fraction does Point A on the number line below represent? A horizontal number line is shown from negative 1 to 0 to positive 1.There are tick marks to show increments of 1 over 8. Only the whole numbers are labeled. Plot Point A at the third tick mark to the right of 0. (10 point) a fraction 3 over 8 b fraction negative 3 over 8 c fraction 6 over 8 d fraction negative 6 over 8
What fraction does Point A on the number line below represent?
A horizontal number line is shown from negative 1 to 0 to positive 1.There are tick marks to show increments of 1 over 8. Only the whole numbers are labeled. Plot Point A at the third tick mark to the right of 0.
(10 point)
a
fraction 3...