Briefly explain economist Adam Smith's positions on these three subjects: the
reedom of markets, the true source of wealth, and the division of labor. (4 points)

Answers

Answer 1

Economist Adam Smith's position on the freedom of markets, the true source of wealth, and the division of labor is captured in his seminal thesis, the Wealth of Nations.

What was Adam Smith's position on these issues?Freedom of markets:

Adam Smith postulated that markets should be free and not regulated because the free market mechanism ensures stability and prosperity for all.

The true source of wealth:

Adam Smith noted that the true source of wealth of any nation is a free enterprise nurtured on self-interest.

Division of Labor:

Adam Smith contended that division of labor ensured mutual interdependencies and is only limited by the extent of the market.

Thus, given Adam Smith's position on these subjects, he promoted Self-interest, division of labor, free enterprise, and the operation of the market mechanism of demand and supply.

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Related Questions

What is the main barrier to a world government? (

Answers

A growing integration is one big barrier! I don’t know if this is the answer you were looking for but I hope it helps <3

In three to five sentences, describe how the arms race during the Cold War increased tensions.(25 points)
Keep it simple as im only a 5th grader

Answers

Answer:

Answer:Here is your answer

Explanation:Explanation:An arms race occurs when two or more countries increase. The size and quality of military resources to gain military and political superiority over one another. The Cold War between the United States and the Soviet Union is perhaps the largest and most expensive arms race in history; however, others have occurred, often with dire consequences. Whether an arms race increases or decreases the risk of war remains debatable: some analysts agree with Sir Edward Grey, Britain's foreign secretary at the start of World War I, who stated.The moral is obvious; it is that great armaments lead inevitably to war."

Is catholic the largest religious group in the United States ?

Answers

Answer:

Catholics are the most largest religious group in the country, accounting for 23% of those polled. While the poll divides Catholics into three groups: White, Hispanic, and others, the study's authors claim that in such social scientific comparisons, Catholics are generally viewed as a single category.

3. What is the difference between elastic and inelastic demand? Use your own
perspective and experience as a consumer to give an example of each, being sure to
clearly explain why you consider your demand for these goods to be elastic or
inelastic. (4 points)

Answers

The elasticity of demand is when a change in the price will affect the demand for the goods.

What is the demand?

Demand refers to a consumer's desire to buy products and services, as well as their ability to pay a price for them. When the demands for any goods rise, then the price of the goods will also increase.

In elastic demand, the shift in the demand curve as a result of a price change is large whereas the change in quantity demanded as a result of a price change is minor in an inelastic demand.

An example of inelastic demand will be Gasoline since individuals buy about the same amount even when prices go up. Cereals or durables consumed are referred to as an example of elastic demand so these can be postponed if the prices are high.

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What is protest theatre?

Answers

As general theatrical/political term it refers to all kinds of theatre utilized to protest political and economic inequities and social ills.

Explanation:

Hope it helps you!!

Which of the following best illustrates the theory of delegate representation?
A. I always vote with my my fellow party members.
B. "My job is to represent the people who elected me regardless of my point of view."
C.
"I vote for what's best, even if I think the people I represent my not agree."
D. Whether I vote the way my constituents prefer or the way I think is best depends on the issue.​

Answers

The  theory of delegate representation is best illustrated by "my job to present the people who elected me regardless of my point of view".

Who is a delegate?

This refers to a assigned person to represent a society, region etc as a representative in a political convention.

Hence, a delegate representation is expected to say that my job to present the people who elected me regardless of my point of view.

Therefore, the Option B is correct.

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"My role is to present the people who voted me regardless of my point of view," says the delegate representation idea. Hence option B

What do you mean by delegate representation?

Representative democracy is modeled after the delegate paradigm of representation. Constituents elect their representatives as delegates for their constituency in this paradigm. These delegates serve merely as a voice for their constituency/interests, the states with no autonomy from the constituency.

 A person who has been assigned to represent society, area, or other entity at a political convention is known to be a delegate.

As a result, a delegate representation is expected to state that it is my responsibility to represent the people who elected me, regardless of my own beliefs.

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The removal of which organism would have the GREATEST effect on all remaining organisms in the food web?

Answers

Answer: removing the grass would have the greatest affect on the food web.

Explanation: if we remove grass, grasshoppers and mouse wouldnt have food, which means every animal that eats grasshoppers and sparrows wont have food, and so on

How does government borrowing impact the US economy

Answers

Answer:

Federal borrowing competes for funds in the nation's capital markets, thereby raising interest rates and crowding out new investment in business equipment and structures

Why is the permeability of
group boundaries important?
O A. for fun
O B. to be able to move freely

C. to experience all the various
groups in the society
D. to allow members to improve
their personal lot better than that of
their in-group

Answers

Answer:

D. to allow members to improve their personal lot better than that of

their in-group

Explanation:

I got it right

Have a Blessed Day

Which of the following statements about weathering is true? a. Physical and chemical are the two types of weathering. b. Weathering occurs when rocks are subjected to the movement of wind or water. c. Humans are the only cause of weathering. d. Movement is required for weathering to take place.

Answers

One true statement about weathering is that a. Physical and chemical are the two types of weathering.

What causes weathering?

Weathering refers to the breaking down of rocks into smaller pieces and this is how soil is usually formed.

Weathering can happen as a result of physical factors which break the rocks due to physical force, or chemical factors.

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Why did The Supreme Court in The United States vs. Nixon case rule against President Nixon 8 to 0 in its ruling?

Answers

The Supreme Court in The United States vs. Nixon case ruled against President Nixon in its ruling because Nixon has held important information stored in tapes required for investigation.

What was the United States vs. Nixon case?

The case United States vs. Nixon highlights the storing of important information related to the commitment to crime. The Supreme court obliged that no one can hold information like this and limited the power of the president.

After the statement from the supreme court, president Nixon argued that he has "executive privilege" to do which is denied by the court, and ordered that he has to return it as no one is above the law.

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*I NEED HELP ASAP* how does society influence individuals? (explain) I'll mark you brainliest!​

Answers

Answer:

Social influence

Our society as a whole can contribute to who we are. The way we do something, the influence in religion or a particular group of people, or even social media - that can influence us. Sometimes, our values are based on the majority of what society thinks.

what does the authors use the descriptive phrase 'paternal acres and native air in the first stanza most suggested about the speker

Answers

Answer:

He remembers his family fondly.

Explanation:

Diversity is the most notable feature of families across the world, what are some general changes we can observe at this point? Please list at least five of them.

Answers

Some general changes observe in families are independence related to funds, control over religions, relationships within society, and so on.

What is family?

Family is referred to as the formation of a group of people who are related to each other by blood or with contract like marriage which includes siblings, parents, and relatives.

Nowadays in families, the freedom to choose life partners belongs to individuals only. There is no parental control, forcing children to marry their choice.

The culture of small families has increased where there is more economic independence provided to family members. Everyone member is earning and enjoying their life.

There are equal opportunities for both males and females without discrimination on the basis of income and job. There is more freedom in choosing the religion to follow which promotes secularism.

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Dear students, construct 5 arguments consisting of premise and conclusion statements and indicator words in group. The argument you construct must be your own and the arguments must be good and bad argument types. ​

Answers

To build a good argument, it is essential to have a foundation on your ideas, which will lead the reader to reflect on what is being said.

How to build an effective argument?

It is essential that ideas be organized in a logical way, based on a scientific basis if possible, with data and information that increase reliability.

Therefore, in order for your premise and conclusion to be in line with your objective, you should also include group indicator words, such as for premise the word "assuming that", and for conclusion the word "consequently".

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The French agents X, Y, and Z demanded
A: the surrender of US troops in the Louisiana
Territory.
B: US diplomats' support of the French
monarchy.
C: a bribe and millions of dollars in loans for
France.

Answers

Answer:

C: A bribe and millions of dollars in loans

Explanation:

The XYZ Affair (1797-1798) involved an American peace delegation in France, three agents of the French Foreign Minister (labeled as X, Y, and Z in President John Adams' initial communications with Congress), and the French Foreign Minister's demand for a bribe from the American delegation.

Answer:

The Jay Treaty and the XYZ Affair

The Jay Treaty was between the United States and Great Britain.

The French agents X, Y, and Z demanded the

surrender of US troops in the Louisiana Territory.US diplomats’ support of the French monarchy.a bribe and millions of dollars in loans for France. (CORRECT)

Explanation:

Identify and explain IN YOUR OWN WORDS, how parents’ roles and responsibilities change over time. Be sure to give enough thought and detail to “show what you know.” (9 pts)

Pls I need this to my parent education class

Answers

The roles of parents have changed over time because moms are now allowed to have more responsibilities outside the home and men have started to take on more active roles in home care and child care.

What was the role of parents in the past?

In the past, mothers were seen as the primary source of parenting and they also have to take care of the duties in the homes. Their jobs revolved around the homes.

The men on the other sides worked outside the homes and saw their duty as providers.

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Type your personal testimony in two forms. Address the first to a hypothetical friend or coworker who is not saved. Address the second to a backslidden Christian. Limit each testimony to 250 words.

Answers

To write a testimonial, we must take into account the most relevant facts of an important event and take into account who the recipient is in order to convey the message well.

What is a testimony?

A Testimony is a term to refer to a speech in the first person in which the experiences of an individual about violent events are recounted, such as:

GenocidesXenophobiaFemicidesDeath policiesAmong others

In accordance with the above, to make a personal testimony we must take into account the most important aspects of an event and take into account who the recipient is.

In the case of being a co-worker, we can use simple and informal language because the relationship is one of trust. On the other hand, to testify for a backsliding Christian, formal and simple language must be used to convey the message well.

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Evaluate to what extent the government have or are currently supporting communities affected by human rights violations

Answers

The communities affected by human rights violations, government is currently supporting them . For example the lower caste which is inferior to all other castes their rights are constantly violated by othet communities or superior people but now government has endured fix wages , many policies , schemes , reserved seats. Due to which their rights are protected at some extent. They were given special protection.

Let's take one more example of such community whose rights are violated at a great extent- Adivasi community. They are found in majority. Their condition is pitiable from the point of view in comparison to social, economic and political.

Their lands were taken by many businesses mens and pay nothing. Government became conscious and given them compensation, rehabilitation and food security.

What are some of The President's tools in foreign policy? (Pick the most correct answer).
*
11 points
His or her ability to use the postal service, the interior department, the armed forces, and local and state police to carry out his or her goals.
His or her ability to use the military, international trade, foreign aid, make treaties, name the appointment of ambassadors, and use The United States military to influence other countries.
His or her ability to use The Department of Energy, The EPA, The FBI, and The Department of Health and Human Services to influence other countries.
His or her ability to use the postal service, the news media, The Department of Labor, and The Department of Education to influence other countries.

Answers

His or her ability to use The Department of Energy, The EPA, The FBI, and The Department of Health and Human Services to influence other countries is  The President's tools in foreign policy.

What is foreign policy?

Foreign policy are the predefined strategies and policies that need to be established and design in such as way that the home country can build a good relationship with the foreign countries. These policies are formed by foreign minister, but president implement them.

Thus, option C is correct.

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(1) Beekeepers began reporting devastating bee losses beginning in 2006—sometimes as much as 90 percent of their hives! (2) Most of the bees were gone. (3) This phenomenon is called Colony Collapse Disorder, or CCD. (4) Scientists remain unsure of what causes CCD, but they know that it has happened before. (5) Reports of disappearing bees date from the 1800s.

Which revision would make the paragraph more precise?

A. Sentence 2: Change “were gone” to “had simply vanished.”

B. Sentence 3: Change “phenomenon” to “thing.”

C. Sentence 4: Change “remain” to “continue to be.”

D. Sentence 5: Change “date from” to “come from as far back as.”

Answers

Shshs shshshs shshs shshshs shshs

In three to five sentences, describe one important way that American culture has changed because people brought new customs or traditions when they arrived. Explain what group caused the change. State what the change was. Explain why you chose this change

Answers

Culture refers to the sum total ways of life. Hence, the American culture refers to the total ways of life of the people of the United States of America. Read below about their ways of life.

In what one important way has American culture changed?

The American culture has changed majorly for the purpose immigration or as a result of the immigrants. The manner at which people gel or relate in the United States differs. Immigrants integrate in different ways. In the United States for instance, Catholic Spanish-speaking communities might keep their language and other cultural family traditions, but are integrated in the urban community and have embraced the American way of life in diverse means.

What was the change?

The change in the American culture is equality.

Why choosing this?

The U.S. is often called a blending point because its people come from many different backgrounds and cultures, and there are such a wide variety of beliefs, values, and traditions.

Therefore, the answers are as given above.

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Drag each step to the correct place on the flow chart.
A senator writes legislation. What happens next? Put the events in order.

Answers

The correct order is as follow- 1). A bill is introduced in the Senate ⇒2). Then, the Senate majority refers the bill to the committee ⇒3). The standing committee hold hearings on the bill ⇒4). The standing committee votes on the bill ⇒5). The bill is reported to the floor for the debate ⇒6). The full Senate votes and 44 senators votes in the favor of the bill ⇒ The, the bill dies.

What is the step-to-step procedure of how a bill become a law?

A proper procedure has to be followed in order to introduced or passed a bill. First is the referral of the bill to the committee, then committee takes an action on the bill, after subcommittee reviews the bill.

Once subcommittee done with the hearing of the bill, it may mark it up after making changes. Then, again committee conduct the further hearings on the bill and staff published the written report. It goes to the chamber for the floor actions. Then, debate and voting has to be done. Then, it goes to other chamber for the approval of the changes being made in the bill.

The last step is to be approved by both the House and Senate and then goes to the president. After the sign of the president, the bill becomes the law.

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The events surrounding Tinker v. Des Moines involved a school. Which statement best explains why the Supreme Court ruled in the students’ favor? The events involved symbolic speech without disruption. The First Amendment always applies to issues of speech. The events involved controversial issues. The protest was an act of civil disobedience.

Answers

The Supreme Court ruled in the students’ favor because the events involved symbolic speech without disruption.

What is the Case of Tinker v. Des Moines?

The ruling was that both students and teachers have a constitutional rights to freedom of speech or expression at the schoolhouse gate.

This cases was significant for public school students because its cemented their rights to free speech in their schools.

Hence, the Supreme Court ruled in the students’ favor because the events involved symbolic speech without disruption.

Therefore, the Option A is correct.

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Answer:

A: The events involved symbolic speech without disruption.

Explanation:

edge

1. Two presidential candidates have different perspectives on major issues. Candidate A believes it is important to focus on healthcare and education. Candidate B believes it is important to focus on lowering
taxes and increasing jobs and to look at education later. What perspective does Candidate B have on education?
A education is a high priority issue.
B Education is number one issue to focus on
C Changes need to be made to education.
D Education is not as important as other issues.

Answers

Answer:

d

Explanation:

because he says you can work on it later

8. Before the Battle of Lexington and Concord, British troops set out to:
confiscate (take) Patriot weapons and ammo
Oprevent a riot that was about to start in Concord
fight off Native Americans who were attacking colonial lands
Ostop an illegal meeting of Patriot leaders

Answers

Answer:

I The Battles of Lexington and Concord, fought on April 19, 1775, kicked off the American Revolutionary War (1775-83). Tensions had been building for many years between residents of the 13 American colonies and the British authorities, particularly in Massachusetts. On the night of April 18, 1775, hundreds of British troops marched from Boston to nearby Concord in order to seize an arms cache. Paul Revere and other riders sounded the alarm, and colonial militiamen began mobilizing to intercept the Redcoat column. A confrontation on the Lexington town green started off the fighting, and soon the British were hastily retreating under intense fire. Many more battles followed, and in 1783 the colonists formally won their independence.

Lead-Up to the Battles of Lexington and Concord

Starting in 1764, Great Britain enacted a series of measures aimed at raising revenue from its 13 American colonies. Many of those measures, including the Sugar Act, Stamp Act and Townshend Acts, generated fierce resentment among the colonists, who protested against “taxation without representation.” Boston, the site of the 1770 Boston Massacre and the 1773 Boston Tea Party, was one of the main points of resistance. King George III of Britain ramped up the military presence there, and in June 1774 he shut down the city’s harbor until colonists paid for tea dumped overboard the previous year. Soon after, the British Parliament declared that Massachusetts was in open rebellion.

Which of these is likely the smallest contributor to productivity and economic growth?

an increase in the labor force participation rate

a large increase in labor relative to capital

investments in human capital

discovery of a major oil deposit

Answers

The smallest contributor to productivity and economic growth is B. a large increase in labor relative to capital.

What are productivity and economic growth?

Productivity refers to the output produced given a set of inputs.

Economic growth refers to the increase in productivity.

The factors that contribute to economic growth and productivity include:

TechnologyHuman capitalPhysical capital (plant and equipment)InnovationEnterpriseCompetition.

Thus, the smallest contributor to productivity and economic growth is B. a large increase in labor relative to capital.

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Answer:

discovery of a major oil deposit since oil price basically have no effect on econ growth

Explanation:

Which of the following is an example of a country with cultural borders within a political border?

Japan
Pakistan
Portugal
Northern Ireland

Answers

The example of a country with cultural borders within a political border is Northern Ireland. Thus the last option is correct.

What is an example of a political border?

Political borders refers to the boundary lines between the two nations. For example the North Korea and south Korea is the example of the countries which shares the political borders with each.

A country which shares the cultural borders within a political borders is the North Ireland. The boundary line of the north Ireland with the part of the United kingdom and Republic of the Ireland which is an independent state shares the cultural as well as the religious boundaries with each other.

Thus the last option is correct.

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Does civil society promote democracy, or undermine it? Why?

Answers

Answer:

           By civil society I mean the entire range of organized groups and institutions that are independent of the state, voluntary, and at least to some extent self-generating and self-reliant. This of course includes non-governmental organizations like the ones in this room, but also independent mass media, think tanks, universities, and social and religious groups.

           To be part of civil society, groups must meet some other conditions as well.  In a democracy, civil society groups have respect for the law, for the rights of individuals, and for the rights of other groups to express their interests and opinions.  Part of what the word “civil” implies is tolerance and the accommodation of pluralism and diversity.

           Civil society groups may establish ties to political parties and the state, but they must retain their independence, and they do not seek political power for themselves.

           Often in transitions, groups arise that seek to monopolize the lives and thinking of their members.  These groups do not tolerate the right of their members to dissent, and they do not respect other groups that disagree with them.  Some of these groups may merely be fronts for political parties or movements that seek to win control of the state.  These groups are not part of civil society and they do not contribute to building a democracy.

           What, then, can the independent, voluntary, law-abiding, tolerant and pluralistic organizations of civil society do to build and maintain democracy?

           The first and most basic role of civil society is to limit and control the power of the state.  Of course, any democracy needs a well-functioning and authoritative state.  But when a country is emerging from decades of dictatorship, it also needs to find ways to check, monitor, and restrain the power of political leaders and state officials.

What is one advantage of maintaining a good credit score?
OA. It lets lenders know that you are reliable in paying your debts.
B. It lets creditors know how much you can pay back in a month.
OC. It lets creditors know how much you earn per paycheck.
OD. It lets you skip payments whenever you want to.

Answers

ANSWER: OA Explanation: your credit is a way to show you are reliable and trustworthy

The advantage of maintaining a good credit score is A. It lets lenders know that you are reliable in paying your debts.

A good credit score is a measure of how well you have managed your credit accounts in the past. It is based on factors such as your payment history, the amount of debt you have, and the length of your credit history. A good credit score shows lenders that you are reliable and that you are likely to repay your debts on time.

So, maintaining a good credit score has many advantages. It shows lenders that you are reliable and that you are likely to repay your debts on time.

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Which details develop the central idea that the Grimms collected stories to preserve culture? Check all that apply.O The tales of the Grimm Brothers demonstrate how language andcustoms can create a bond between people.0 The Grimm Brothers recorded the stories because fewer and fewerpeople were collecting and preserving them.. The Grimm Brothers were born in Germany in the 1700s, and their tales were published in the 1800s.Their stories reveal truths about the conditions people lived in when the tales were recorded.The Grimm Brothers would be surprised that they are now known more for their tales than for their studies ofliterature.1) IntroDone How were Japanese Americans treated when they volunteered for the army? Who were the regulators in the american revolution. What did European policy makers realize about pollution in the 1970s? At a murder scene, you have started making an image of a computers drive. Youre in the back bedroom of the house, and a small fire has started in the kitchen. If the fire cant be extinguished, you have only a few minutes to acquire data from a 10 GB hard disk. Discuss your options for preserving the data Quel est le fminin des adjectifs suivants?Curieux ______________________________________Premier ______________________________________Meilleur ______________________________________Bon ______________________________________National ______________________________________ easy and simple you'll my question I will award and give u 99 pts. Love y'all all supporters out there!. Hope u find your way! Do you think globalization has a positive or a negative effect on the world? Support your opinion. Think About... the effects of globalization the changes caused by international trade and communication the effects of scientific discoveries worldwide if 3\2 =x\12 what is the value Rotate the point (7, 8) around the origin 90 degrees counter clockwise. State the image of the point . The __________ backup method is based on the philosophy that a full backup should occur at regular intervals, such as monthly or weekly Read the excerpt below and answer the question.Because I could not stop for Death,He kindly stopped for me;The carriage held but just ourselvesAnd Immortality.What does Dickinson use to describe death in this excerpt from "Because I could not stop for Death"?personificationanalogyapostropheallusion Select the correct answer from each drop-down menu.and also from documents such as theThe idea of separation of powers was taken from Montesquieu'sof the Iroquols Confederacy.ResetNext Compare and contrast absolute rule in France, Russia, and Prussia. Use evidence from the lesson and the reading to support What could you do to give your e-sketchbook a coherent look?OA. Each slide is the sameOB. Use the same size fontsOC. Each project could have the same color schemeD. Use centered formats The mean mass of a squad of 19 rugby players is 87 kgA player of mass 102 kg joins the squad.Work out the mean mass of the squad now, in kilograms (kg). Write Grammar in Spanish Please select the word from the list that best fits the definition a time when Greek culture spread throughout the non-Greek world If a box with a mass of 8.0 kg is sitting on a frictionless surface and experiences an acceleration of 4.0 m/s2 to the right, what is the net force acting on the box? (1 point)A) 2.0 NB) 12 NC) 32 ND) 45 N 20 POINTS FOR THE CORRECT ANSWERThe elements and principles of design are all around us and being able to identify and describe them is an essential skill for designers. Look around you for a piece of art, a magazine, or a photo. Can you see any of the elements and principles of design being used in the piece? How would you describe both the elements and the principles?For the discussion, look at the design you found and identify as many of the elements and principles of design as you can. Discuss how they impact the design. Is there anything that could be better about the design? Use the elements and principles to support your opinions about the design.