Who was Adam Smith and what was his philosophy?

Answers

Answer 1

Since Adam Smith held that wealth is created via labor and that people use their resources to make money out of self-interest, his writings still have an impact on economics today. Smith's beliefs, according to which a free market, capitalism, and competition promote economic growth, are still relevant in the twenty-first century.

What is economics?

The term Economics is the study of scarcity and its inferences for the use of resources, manufacture of goods and services, growth of production and welfare over time, and a great diverseness of other complex issues of vital concern to society.

Adam Smith was one of the first thinkers of his era to assert that money is produced via labor that is productive and that individuals are driven by self-interest to make the most use of their resources. He believed that capital investments generated profits, and that capital is allocated where the greatest profits may be realized.

Therefore, Competition, which fosters economic growth, is still important today.

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Related Questions

"Resolved. That our title to the whole of the Territory of Oregon is
clear and unquestionable; that no portion of the same ought to be
ceded to England or any other power, and that the re-occupation of
Oregon and the re-annexation of Texas at the earliest practicable
period are great American measures, which this Convention
recommends to the cordial support of the Democracy of the Union.
Democratic Party Platform of 1844
This excerpt provides evidence that in 1844 Democrats supported

Answers

Answer:

Manifest Destiny as federal policiy

Explanation:

How was the Gadsden Purchase essential for the growth of the U.S. Economy?​

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The Gadsden Purchase, or Treaty, was an agreement between the United States and Mexico, finalized in 1854, in which the United States agreed to pay Mexico $10 million for a 29,670 square mile portion of Mexico that later became part of Arizona and New Mexico. Gadsden’s Purchase provided the land necessary for a southern transcontinental railroad and attempted to resolve conflicts that lingered after the Mexican- American war.

help pleaseeee!!!!!!! no links please

Answers

Answer:

1.c

2.d

3.e

5.a

4.b

Explanation:


The industrialization of the United States during the late 19th century was
a result of?
A. the growth of powerful labor unions
B. increased regulatory powers of federal government agencies
C. support of isolationism in America
D. the development of transportation and communication systems
PLEASE HELP!

Answers

Answer:

D). the development of transportation and communication systems.

Explanation:

'Industrialization' in the United States was the product of several factors including a higher rate of immigration, decreased farm product prices, advancements in technology, development of transportation, as well as, communication systems, etc. The enhanced transportation through railroads and steamships along with expanded communication through telegraphs promoted the rapid growth of industries in the city. It further attracted the laborers to move to urban areas which increased the workforce significantly. Thus, option D is the correct answer.

Can someone please help me

Answers

Answer:

A certain amount of hours allowed to use home screen.

App regulation for home screen.

Things they must do to earn the home screen.

Things they must do to ensure the home screen is not taken away.

Explanation:

I hope this helps :)

Elabora un escrito argumentativo en donde expreses tu opinión frente a las condiciones laborales de los obreros durante la revolución industria

Answers

La respuesta correcta para esta pregunta abierta es la siguiente.

La Revolución Industrial cambió la vida de las personas y de los procesos de producción.

Después de cientos de años de elaborar productos de manera artesanal, las nuevas tecnologías y la maquinaria moderna cambió radicalmente la manea de elaborar productos. La llegada de estas máquinas creó el concepto de fábrica o industria en donde se introdujo la producción en masa. Este nuevo método ayudó para que se produjeran más productos, en menos tiempo y a un menor costo, elevando las ganancias de los productores.

Sin embargo, estos cambios no representaron mayor beneficio para los trabajadores. Las condiciones laborales de los obreros durante la Revolución Industrial fueron muy precarias.

Sí, en realidad, los dueños nunca tuvieron consideración alguna por los trabajadores. Estos trabajadores eran contratados para trabajar largas horas operando las máquinas. Les pagaban salarios muy bajos, trabajaban mucho, y lo hacían en condiciones de mucho riesgo, además de insalubres.

En la época moderna, las leyes han protegido de alguna manera a los trabajadores de las industrias. Sin embargo, la mayoría sigue siendo explotado. Trabajan arduamente 8 horas al día -algunos incluyendo sábados- y les pagan muy poco. Otros trabajan sin contrato, o por honorarios, y no tienen protección de la seguridad social.

If you have five white substances that look exactly the same, how could you tell them apart?

Answers

drink them and find out >:)

Answer:

with a coloring ingredient that wont effect the substances

Helppppp meeee pleaseee

Answers

Answer:

c

Explanation:

brainliest pls :)

Why did the African Methodist Episcopal Church leave the white Methodist Church?​

Answers

Answer:

The AME Church grew out of the Free African Society (FAS), which Richard Allen, Absalom Jones, and other free blacks established in Philadelphia in 1787. They left St. George's Methodist Episcopal Church because of discrimination.

Origin: 1816 (grew out of the Free African Society

Explanation:

Which THREE people were part of the Bourbon Triumvirate, which controlled politics in Georgia between the 1870s and the 1890s? A Joseph E. Brown Alfred H. Colquitt c John B. Gordon D. Henry Grady Henry McNeal Turner Tom Watson​

Answers

A is the correct answer

What type of jury is guaranteed by the Constitution?

Answers

The right to trial by jury in a criminal case resides in both Article III, Section 2 of the federal Constitution (“The Trial of all Crimes, except in Cases of Impeachment, shall be by Jury”) and the Sixth Amendment (“In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial

Answer:

Impartial jury is gauranteed

Explanation:

Zeke just moved to the United States from Australia. Back in Australia Zeke was an avid rugby player. Much to his dismay, rugby is not as popular in the United States and he was unable to find a team to play on. Encouraged by his friends, he joined a football team instead. On the very first day of practice, Zeke quickly proved that he was going to be a very valuable player, even though he did not think that he had to try very hard to change over to this new sport. This is like because Zeke experienced

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Zeke could successfully play football because he experienced a remembrance of the skills needed to play a similar physical sport like rugby. His body and mind are trained and conditioned to the demands of football

This happens because Zeke is an athlete that has the skills and abilities to apply previous athletic knowledge that he learned when playing rugby, to football. If he has the physical ability, skills, strength, endurance, and hard-working mentality, Zeke easily has the experience and knowñedge to learn a new but similar sport like football.

His body and mind are trained and conditioned to the demands of football because he played rugby in Australia.

Density is determined by:

weight and size
color and hardness
gravity and mass
mass and volume

Answers

The mass and volume

How is the state government primarily funded

Answers

By revenue,income, sales, other taxes
by income state taxes

What are the differences among traditional, command, and market economies?

Answers

Answer:

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. Most nations operate largely as a command or market economy but all include aspects of the other.

Which of these is NOT a reason why the Great Plains farmers are able to grow corn and soybeans social studies

Answers

The correct answer to this open question is the following.

Unfortunately, you forgot to attach the options for this question.

However, trying to help you we can comment on the following.

What is not a reason why the Great Plains farmers are able to grow corn and soybeans social studies is "It rains often there."

Farmers in the Great Plains faced many problems and difficulties. The Plains had difficult weather to live in.

What happened in the Great Plains when severe drought followed the removal of native grasses was that strong winds blew away topsoil and created the so-called Dust Bowl.

In the 1930s, the Great Plains lived difficult moments when severe dust storms hit this region of the United States. The dryness due to lack of water, the removal of native grasses, combined with climate conditions, produced these dust storms that killed animals and ruined the crops. There was no way to keep on farming the land and people had to move to the Pacific West, to California, where they had to start a new life.

Which of the following is NOT true about Genghis Khan?
It is believed he had thousands of children.
He used terror tactics in his conquests.
He conquered all of China.
He united the Mongolian clans.

Answers

I think it’s B I’m not totally sure tho

Genghis Khan was the founder and first Great Khan (Emperor) of the Mongol Empire, which became the largest contiguous empire in history after his death.

Hence the sentence that is not true about him is that he used terror tactics in his conquests.

Genghis Khan's personality

Genghis Khan was also portrayed positively by early Renaissance sources out of respect for the great spread of culture, technology and ideas along the Silk Road under the Mongol Empire. By the end of the Great Khan's life, the Mongol Empire occupied a substantial portion of Central Asia and China. Due to his exceptional military successes, Genghis Khan is often considered to be one of the greatest conquerors of all time.

Therefore, option D is the correct answer.

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. Choose the correctly matched pair about Jhumming cultivation. (1)
 Ray - Indonesia
 Ladang -Vietnam
 Roca -Brazil
 Milpa - China

Answers

Explanation:

It's called roca in Brazil,third one is correct

Questioning answer options in photo
pls help:( ​

Answers

Answer:

a is the answer vhjsjsjwjwje

Voter Turnout in the U.S. Based on Year and Type of Election

Which of the following most likely accounts for the trend shown in the table? (5 points)

A. Voter ID requirements at polling locations negatively affect voter turnout.

B. Voter turnout is positively affected by the education level of the voter.

C. Americans' perspectives about election importance affect voter turnout.

D.Issues with transportation to polls and polling hours affect voter turnout.

Answers

Answer:

я не знаю старайся изо всех сил

Explanation:

Which statement best summarizes this excerpt?
Bridges did not know why police and cameras were
at her school,
Bridges was frightened by a black doll in a coffin
that someone brought to school,
Bridges did not understand until later that many
people were at her school to protest integration,
Bridges was most scared by the high school boys
who sang songs and carried signs,

Answers

Answer: B

Explanation:

Answer:

c

Explanation:

adjectives in English that are used a lot, but not like "beautiful" “ nice”

I need help please

Answers

Sushehhsbfvsjdbdbsjdbdjdnsbsusjsbdbdhdj

HELP PLEASE I WILL MAKE YOU BRAIN LIST I NEED THE ANSWER TODAY What happened to Germany after WW2 which symbolized the Cold War era? A. Hitler was forced to sign the Treaty of Versailles and accept all blame.
B. It was divided into East & West zones of influence by the US, Great Britain, France and USSR
C. Hitler surrendered himself to Soviet Leader Joseph Stalin in exchange for lighter punishment on Germany
D. Germany was wiped off the map completely and rebuilt with the Berlin WallThe

2.Butter Battle was a metaphor for the arms race between USSR & USA. Why do the Zooks and Yooks threaten but refrain from dropping "Big-Boy Boomeroo"?A. Both sides are waiting for the other to drop it so they can blame the other side for the war
B. The Yooks and Zooks respect the Berlin Curtain between their two sides
C. Nuclear Weapons threaten mutually assured destruction between the two sides
D. This story is not a metaphor for the Cold War but is about Hitlers' Invasion of Poland

3*** BONUS*** The US ignored criminal charges against Nazis and recruited them in the science and engineering fields as a part of what?
A. Berlin Airlift Project
B. Project Overlord
C. Radium Girl Experimentation
D. Operation Paperclip

Answers

Answer:the first one is b i don’t know the second sorry  the third is a

Explanation:

Which of the following are agencies under the Department of Labor that oversee fairness and safety in American workplaces? Select all that apply. (3 points)

A. Bureau of Labor Statistics
B. Consumer Price Index
C. Employment Standards Administration
D. Federal Reserve System
E. Occupational Safety and Health Administration
F. Securities and Exchange Commission

Thanks for the help!​

Answers

The agencies under the Department of Labor that oversee fairness and safety in American workplaces is Occupational Safety and Health Administration

Who are Americans?

Americans are the citizens and nationals of the United States of America. Although majority of direct citizens and nationals make up the Americans, many dual citizens, expatriates, and permanent residents could also legally claim American nationality. The United States is home to people of many r acial and ethnic origins; consequently, American culture and law do not equate nationality with race or ethnicity, but with citizenship and an oath of permanent allegiance.

"The majority of Americans or their ancestors immigrated to the United States or are descended from people who were brought as slaves within the past five centuries, with the exception of the Native American population and people from Hawaii, Puerto Rico, Guam, and the Philippine Islands, who became American through expansion of the country in the 19th century, additionally America expanded into American Samoa, the U.S. V irgin Islands and Northern Mariana Islands in the 20th century."

What is occupational?

Occupational means that when we do get jobs and pursue our individual career paths. Is it simply to earn our livelihood and enhance personal and professional development. Every personal has a role to play in society. a way they can contribute and make a change,. also to keeping ourselves busy, disciplined and self-dependent, an occupational contributes to socio-economic growth and development, thereby making a difference in society.

What is health?

"Health, according to the World Health Organization, is "a state of complete physical, mental and social well-being and not merely the absence of disease and infirmity". A variety of definitions have been used for different purposes over time. Health can be promoted by encouraging healthful activities, such as regular physical exercise and adequate sleep, and by reducing or avoiding un-healthful activities or situations, such as s-moking or excessive stress."

"Some factors affecting health are due to personal choices, such as whether to engage in a high-risk behavior, while others are due to structural causes by d-rinking, s-moking ETC,  whether the society is arranged in a way that makes it easier or harder for people to get necessary healthcare services. Still, other factors are beyond both personal and group choices, such as genetic disorders."

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Answer:

Bureau of Labor Statistics

Employment Standards Administration

Occupational Safety and Health Administration

Which belief spurred the Great Awakening? Text to speech

a
People have lost their faith.
b
Farm life is better than city life.
c
Women are not as educated as men.
d
Success comes from making money.

Answers

Answer:

c

Explanation:

3.4 What is the rule of law?​

Answers

is the concept that both the government and citizens know the law and obey it.

I hope this helps sorry if it doesn't

The rule of law is the concept that places the constitutional laws as the supreme law that is applicable to all in a country.

What is the rule of law?

The rule of law is the absolute supremacy of the law over everyone in a society. This includes the ruler and the ruled and all decisions taken in a country.

It is the concept that both the government and citizens know the law and obey it; hence, restricting the powers of a government to only the established laws in a country.

Therefore, the rule of law is the concept that places the constitutional laws as the supreme law that is applicable to all in a country.

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Which of the following names the group best known for settling this region and states their reason for settling?
A. Merchants: To trade with the region's American Indians
B. Quakers: To stablish a colony free of slavery
C. Explorers: To map the region's rivers
D. Puritans: To freely practice their religion​

Answers

Answer:

Puritans: To freely practice their religion

Explanation:

What should Congress do if it disagrees with the president’s plan to fight a war?

a. refuse to pass funding for the war
b. appeal to the Supreme Court
c. impeach the president for crimes
d. start their own separate army to challenge the president

Answers

Answer:

A. reuse to pass funding for the war

Answer:

A: Refuse to pass funding for the war.

Explanation:

The War of 1812 was the first-time constitutional war powers were applied.

Types of rocks vocabulary 1

Answers

Answer:

igneous, sedimentary, and metamorphic.

Explanation:

Rocks: Igneous, Metamorphic and Sedimentary

Andesite.

Basalt.

Dacite.

Diabase.

Diorite.

Gabbro.

Granite.

Obsidian.

Can someone please help me answer these question please thank you

Answers

Where's the question?

Lol

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The data could be used to support which conclusion?A.Gulf Coast states had to rely on steamboats to transport goodsB.States in the lower South had more land devoted to plantationsC.Border states had to import needed raw materials D.States in the upper South were heavily industrialized Work out 8 divided by 2/3 Write the number 4.9 x 10^-5 in standard form Carey Company had sales in 2016 of $1,560,000 on 60,000 units. Variable costs totaled $900,000, and fixed costs totaled $500,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $3). However, to process the new raw material, fixed operating costs will increase by $100,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction will result in a 5% increase in the number of units sold. (a) Prepare a projected CVP income statement for 2017, assuming the changes have not been made, and (b) assuming that changes are made as described. Which statement is correct Using traditional methods it takes 101 hours to receive an advanced driving license. A new training technique using Computer Aided Instruction (CAI) has been proposed. A researcher believes the new technique may reduce training time and decides to perform a hypothesis test. After performing the test on 280 students, the researcher decides to reject the null hypothesis at a 0.05 level of significance.What is the conclusion?a. There is sufficient evidence at the 0.02level of significance that the new technique reduces training time.b. There is not sufficient evidence at the 0.02 level of significance that the new technique reduces training time. What prompted China to enter the war directly?the UN victory at Inchonthe early successes of North Koreathe US threat to use nuclear weaponsO the UN victories in the northern peninsula Select the correct answer.Which of the following is the Arrhenius equation?A.K=AeEa/RTB.K = -AeEa/RTc.K = Ae-Ea/RTD.K = -Ae-Ea/RT What is the area of this? please help me ! screen shot of assignment attached Will mark brainliest if get the correct answer. Plz help ASAP, I will mark brainlest if correct. Which term describes RT? How did the Supreme Court ruling on the Civil Rights Cases of 1883 affect the rights of African Americans?It led to the drafting and passage of the Civil Rights Act.It led to a sharp increase in African American voting.It opened the door for legal segregation in the South.It led to unfair sharecropping contracts in the South. 1. Which expression is equal to 815-97?A. 815-(-97)B. 815+97C. 815+(-97)D. 97-815 english news any three Question 9 of 20Which phrases does not use descriptive language that appeals to the senses?A. The warm scaliness of a snakeskinB. The sudden echoing drip of waterC. The blood-red dullness of the early moonD. The three-hour road trip A 3-column table with 4 rows titled 90-Day Forecast. Column 1 is labeled Weather Type with entries wind, rain, clouds, sunshine. Column 2 is labeled Predicted frequency with entries 9, 18, 27, 36. Column 3 is labeled Observed frequency with entries 12, 15, 33, 30.The table shows the results of the experiment to determine the 90-day weather forecast. How does the experimental probability compare to the theoretical probability?The theoretical probability for rain is 1/5. The experimental probability for rain is .The actual weather is the theoretical probability. How are the concepts of race and ethnicity the same?A. They are ways of categorizing people.B. They are based on genetic patterns.C. They are based on physical traits.D. They are ways of socializing people. an arrow is shot horizontally from the top of a tower at a speed of 15m/s and hits the ground with a speed of 25m/s. calculate the height of the tower Work out each of the following:1) 5 +23= 2) 16 + 15= 3) 40 40= 4) 18 27= 5) 52 + 90=HELPPP PLEEEAAAASSSSEEEE!!!! :(I need those answers before 09:30 pleeeaaaaassssseeee