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"As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry that its produce may be of the greatest value; every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention." Adam Smith, The Wealth of Nations, 1776 What are Smith’s ideas about an individual’s economic role in a society?

Answers

Answer 1
Adam Smith believes that government should stay out of business that way businessmen can work on a job of their choosing so that they can enjoy their work and therefore make more money and buy more things which helps the economy which helps the government.
Answer 2

Adam Smith believes that government should stay out of business that way businessmen can work on a job of their choosing so that they can enjoy their work and therefore make more money and buy more things which helps the economy which helps the government.

An important person in the Scottish Enlightenment and a pioneer in the field of political economy was the Scottish economist along with philosopher Adam Smith FRSA.

Because of his book "Theory of Moral Sentiments" in "An Inquiry into the Causes and Origins of the Wealth of Nations," Adam Smith is regarded as the Father of Economics.

Smith believed that an atmosphere of unlimited competition that always adhered to "natural laws" was the most favorable for the growth of the economy. Smith's economic theory served as the foundation for classical economics because it was the most organized and thorough examination of economics to that point.

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Related Questions

Describe at least 3 consequences of family separation.

Answers

Answer:

Depression, Suicidal thoughts, and pushing your friends away.

Explanation:

Trust me............ I know these to well

Depression,loneliness,suicidal thoughts

What was an important result of the USSR breaking up into fifteen different countries? Some people lost their citizenship status. Trade between countries became extremely difficult. Family members were likely to be citizens of different countries. Travel between countries was no longer allowed.

Answers

Answer:

Family members were likely to be citizens of different countries

Explanation:

The USSR broke up into fifteen different countries, which marked the end of the USSR as a world superpower.

That withstanding, an important result of the USSR breaking up into fifteen different countries was that family members were likely to be citizens of different countries

Answer:

C) Family members were likely to be citizens of different countries.

Explanation:

Look at the picture

how did the outbreak of war change the lives of Mary Cohen and women like her?

Answers

Answer:

Rosie, along with endorsements from Eleanor Roosevelt, helped increase the number of women in the munitions and aviation industries, as well as the armed forces. By 1945, almost one in four American women held income-earning jobs.

Explanation:

pls mark brainliest

Women empowerment came to the rise as a result of the outbreak of the second world war and changed the lives of Mary Cohen and others in the American society.

What is women empowerment?

The American society was discriminative towards women until the mid-20th century. The outbreak of the war required excess military forces. As a result, women had to take up the old roles of men in the society.

This gave rise to the empowerment of women like Mary Cohen and many others in the American society, as twenty-five percent of women were earning during such period.

Thus, it may be stated that the war outbreak led to conditions of women empowerment in the American society during the twentieth century.

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Why was Margaret Thatcher considered a strong prime minister in Britain?

Answers

Answer:

She had firm political beliefs and strong leadership

The political thought of _______ provided theoretical justification for the United States system of checks and balances.

A. Descartes

B. Montesquieu

C. Rousseau

B. Voltaire

Answers

The answer is B montesquieu
B. Montesquieu I did the assignment right now Hope it helps if it does leave a like and a five-star rating

Write the definition of constitution in your own words.

Answers

Answer:

Explanation:

A document written years ago stating what is right and wrong for our country

Supporters of social Darwinism would most likely agree with which of the following statements?

A. The wealthiest have a duty to care for the less fortunate
B. Socialists principles will lead to economic prosperity
C. Industrialization produced many benefits, but also had problems
D. Wealth is an indicator of a person's character and ability

Answers

Answer:

D. Wealth is an indicator of a person's character and ability

Explanation:

PLEASE HURRY IM TIMES (30 POINTS) What shows that this statement is an opinion?
Olt describes an animal.
O It is about when the story happened.
O It contains a piece of information.
O It is influenced by personal feelings.

Answers

Answer:

It is influenced by personal feelings

Explanation:

Which of the following was a principal cause of the Cold War?

Answers

Answer: Conflicting capitalist and communist ideologies.

Explanation: trust

Principal cause of the Cold War is conflicting capitalist and communist ideologies.

What is Communism?

Communism is an act that advocate for equality or togetherness among individuals or people of a community.

They do not want the wealthy separated from the poor but rather they should share all their belongings and property equally. These ideologies was a major cause of cold world war that broke out.

Therefore, Principal cause of the Cold War is conflicting capitalist and communist ideologies.

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What is one of the United Nations' primary goals?
A. To help countries maintain complete control over their foreign policies
B. To discourage countries from joining regional, rather than global, organizations
C. To prevent countries from going to war with one another
D. To bring together countries that speak the same language​

Answers

One of the United Nations' primary goals is to prevent countries from going to war with one another.

What are the roles of United nations?

The U. N. assistance in the provision of humanitarian assistance and human rights, in countries that suffer from extreme poverty or are in a war.

The organization also help preserve peace in the world through the discussion of difficult issues in order to get a solution favorable to the parties in dispute.

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Answer:c

Explanation:

what were the samurai given in return for their services?

Answers

Answer:They had high social status but little political power or influence

Explanation:

The most powerful ones were given land in return.

What was Abraham Lincoln's role in the Civil War?
What was Jefferson Davis's role in the Civil War?
What was Ulysses S. Grant's role in the Civil War?
What was Robert E. Lee's role in the Civil War?

Answers

Abe Lincoln: president of the Union in the Civil War.

Jefferson Davis: President of the south in the Civil war.

Ulysses S. Grant: general of the union

Robert E. Lee: general of the south

Was Vietnam divided before or after the Korean War?

Answers

Before Korean war

The Vietnam were divided in two nations in  1954 to 1975  and the Korean war was 1950 to 1953

WILL GIVE BRAINLILEST
In your speech you MUST explain what happened at Pearl Harbor, the situation in Europe, and the current economic situation in America. Your speech must be at least 6 sentences long…

Answers

Answer:

Pearl Harbor is a U.S. naval base near Honolulu, Hawaii, that was the scene of a devastating surprise attack by Japanese forces on December 7, 1941. Just before 8 a.m. on that Sunday morning, hundreds of Japanese fighter planes descended on the base, where they managed to destroy or damage nearly 20 American naval vessels, including eight battleships, and over 300 airplanes. More than 2,400 Americans died in the attack, including civilians, and another 1,000 people were wounded. The day after the assault, President Franklin D. Roosevelt asked Congress to declare war on Japan. The attack on Pearl Harbor was a surprise, but Japan and the United States had been edging toward war for decades. The United States was particularly unhappy with Japan’s increasingly belligerent attitude toward China. The Japanese government believed that the only way to solve its economic and demographic problems was to expand into its neighbor’s territory and take over its import market. To this end, Japan declared war on China in 1937, resulting in the Nanking Massacre and other atrocities. American officials responded to this aggression with a battery of economic sanctions and trade embargoes. They reasoned that without access to money and goods, and especially essential supplies like oil, Japan would have to rein in its expansionism. Instead, the sanctions made the Japanese more determined to stand their ground. During months of negotiations between Tokyo and Washington, D.C., neither side would budge. It seemed that war was all but inevitable. Pearl Harbor, Hawaii, is located near the center of the Pacific Ocean, roughly 2,000 miles from the U.S. mainland and about 4,000 miles from Japan. No one believed that the Japanese would start a war with an attack on the distant islands of Hawaii. Additionally, American intelligence officials were confident that any Japanese attack would take place in one of the (relatively) nearby European colonies in the South Pacific: the Dutch East Indies, Singapore, or Indochina. Because American military leaders were not expecting an attack so close to home, the naval facilities at Pearl Harbor were relatively undefended. Almost the entire Pacific Fleet was moored around Ford Island in the harbor, and hundreds of airplanes were squeezed onto adjacent airfields. To the Japanese, Pearl Harbor was an irresistibly easy target. The Japanese plan was simple: Destroy the Pacific Fleet. That way, the Americans would not be able to fight back as Japan’s armed forces spread across the South Pacific. On December 7, after months of planning and practice, the Japanese launched their attack. At about 8 a.m., Japanese planes filled the sky over Pearl Harbor. Bombs and bullets rained onto the vessels moored below. At 8:10, a 1,800-pound bomb smashed through the deck of the battleship USS Arizona and landed in her forward ammunition magazine. The ship exploded and sank with more than 1,000 men trapped inside. Next, torpedoes pierced the shell of the battleship USS Oklahoma. With 400 sailors aboard, Oklahoma lost her balance, rolled onto her side, and slipped underwater. Less than two hours later, the surprise attack was over, and every battleship in Pearl Harbor—USS Arizona, USS Oklahoma, USS California, USS West Virginia, USS Utah, USS Maryland, USS Pennsylvania, USS Tennessee, and USS Nevada—had sustained significant damage. (All but USS Arizona and USS Utah were eventually salvaged and repaired.) In all, the Japanese attack on Pearl Harbor crippled or destroyed nearly 20 American ships and more than 300 airplanes. Dry docks and airfields were likewise destroyed. Most important, 2,403 sailors, soldiers, and civilians were killed and about 1,000 people were wounded. But the Japanese had failed to cripple the Pacific Fleet. By the 1940s, battleships were no longer the most important naval vessel: Aircraft carriers were, and as it happened, all of the Pacific Fleet’s carriers were away from the base on December 7. (Some had returned to the mainland and others were delivering planes to troops on Midway and Wake Islands.)

Summary of the president election of 1860

(do not copy and paste, or put links) will mark brainiest!!

Answers

Answer:

The Election of 1860 exhibited the divisions inside the United States not long before the Civil War. The political decision was strange in light of the fact that four in number applicants vied for the administration. ... The Constitutional Union Party was likewise new; 1860 was the sole time the gathering ran a contender for president.

Explanation:

Describe the foundational truth of the Sermon on the Mount.

Answers

The foundational truth of the Sermon on the Mount is that only an inward transformation will produce the needed outward reformation in a person's life.

Answer:

ye the guy on top is right its the same thing in my assignment

Explanation:

True or false you can continue to write checks as long as you have checks in your checkbook

Answers

Answer:

false

Explanation:

Why were the first factories built next to streams and rivers

Answers

Answer:

Early factories were built near rivers because the river water was able to power the machinery that the factories needed and it was also a convenient place to discard waste. This new power allowed factories to appear in areas that were not near waterways.

Explanation:

= What happens when there are power vacuums and colonies are left to govern themselves?​

Answers

The situation can occur when a government has no identifiable central power or authority. The physical analogy suggests that in a power vacuum, other forces will tend to "rush in" to fill the vacuum as soon as it is created, perhaps in the form of an armed militia or insurgents, military coup, warlord or dictator.

Thank you for taking time to consider how these reforms will impact the Soviet-US relationship. I think you will be pleased to see how they will help smooth relations between our countries. We will now be more open to Western ideas, and we hope you will be more open to Soviet ideas as well.

Answers

Hello. Although you have submitted a text, you have not submitted any questions related to it. This prevents me from giving you an answer, however, I will try to help you in the best possible way.

According to the context of the text, we can see that the text is about the conclusion of a letter or a speech addressed to someone with great political influence, during the cold war. Probably an American president. This paragraph is related to suggestions for reforms that would improve relations between the USA and the USSR at the time of the cold war. Two reforms that sought to improve these relations between the two countries were perestroika and glasnost.

Cual era la situacion politica, economica y social de cuba a fines del siglo XIX

Answers

Answer:

La economía de Cuba es una economía planificada dominada por empresas estatales. El gobierno de Cuba posee y opera la mayoría de las industrias y la mayor parte de la fuerza laboral es empleada por el estado.

Explanation:

thank you

How did trade between Venice and ottoman empire helped to spark the renaissance in Italy?

Answers

Trade brought many new ideas and goods to Europe. ... During the Renaissance people began using coins to buy goods which created a money economy. Moneychangers were needed to covert one type of currency into another. Therefore, many craftspeople, merchants, and bankers became more important i society.

why economic freedom is important​

Answers

Answer:

Economic freedom gives individuals equal economic opportunity, full control and responsibility of their property, skills and ideas. It reduces poverty and improves our well-being and the future of our families. Studies show that individuals who live in countries that are economically free enjoy more economic security.

Explanation:

hope this helps. have a good day :)

Answer: Economic freedom is important because it gives people equal economic opportunity, full control and responsibility of their property, skills and ideas. It reduces poverty and improves our well-being and the future of families. Studies show that individuals who live in countries that are economically free enjoy more economic security.

Explanation:

Who knows how to do this please help me out

Answers

Answer:

You need to watch the TED TALK video, then decide what the main point of the speech was about, and which part really spoke out to you.

Explanation:

I hope this helps, and thanks! BRAINLIEST PLEASE!

what effect did American soldiers have on ww1?​

Answers

The arrival of American troops had an effect in favor of the Allies because the American troops removed German forces from Allied territory which helped the Allies win the war by making Germany weak.
The American troops had to remove them self from Germany

Which of these describes the United States’ position on the Syrian Civil War?

A. pro-Assad, pro-ISIS

B. pro-Assad, anti-ISIS

C. anti-Assad, pro-ISIS

D. anti-Assad, anti-ISIS

Answers

Answer: D

Explanation:

cuz it is

Answer:

anti-Assad, anti-ISIS

Explanation:

The answer is D

Which factor do you think might have been most significant in Hitler’s rise to power? Explain your answer.

Answers

Answer:

His union and his power in society. For example how he was seen in the public eye.

How was the US supposed to act in the Roosevelt Corollary?

Answers

Answer:

Explanation:

The Roosevelt Corollary of December 1904 stated that the United States would intervene as a last resort to ensure that other nations in the Western Hemisphere fulfilled their obligations to international creditors, and did not violate the rights of the United States or invite “foreign aggression to the detriment of the entire body of American nations.” As the corollary worked out in practice, the United States increasingly used military force to restore internal stability to nations in the region. Roosevelt declared that the United States might “exercise international police power in ‘flagrant cases of such wrongdoing or impotence.

how did americans react to the end of World War 1 and its peace settlements?

Answers

Answer:

The experience of World War I had a major impact on US domestic politics, culture, and society. Women achieved the right to vote, while other groups of American citizens were subject to systematic repression.

4. Location of an important 1969 oil discovery?

Answers

Norwegian sector of the North Sea
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