Adam Smith is considered the founder of modern economics. He stated that the economic is guided by an invisible hand and that governments should interfere less in some areas of the economic to make it more efficient. He specified that government intervention could be best used in these areas.
1) The creation of social security regulations and also provide national defense to protect the society and all citizens from all the violence and invasions or attack forces from other societies. These of course, is what every society from every country would like to have.
2) The government should establish an exact administration of justice in the context of order and law. These refers to have a court system to apply the right justice for all citizens of a society in an equal manner.
These roles are based on the understanding that markets, while efficient in many respects, are not perfect and can fail to deliver optimal outcomes for society in certain instances. Government intervention in these areas is seen as a way to correct market failures and to provide the necessary conditions for markets to operate effectively.
Adam Smith, often referred to as the father of modern economics, outlined the concept of the invisible hand and the benefits of free markets in his seminal work The Wealth of Nations. However, he also acknowledged that there were certain roles that only the government could fulfill effectively in an economy. Two such roles are:
1. Provision of Public Goods: Adam Smith recognized that there were certain goods and services that would not be provided at all, or would be underprovided, by the private sector due to their nature as public goods.
2. Regulation of Monopolies and Fraudulent Practices: Smith was wary of monopolies and the potential for businesses to engage in practices that would harm consumers. He believed that in the absence of competition, businesses would have the incentive and ability to raise prices and reduce quality.
George curry served under Roosevelt, but what did he do later?
What is enclosure movement ?
Enclosure was the legal process in England of consolidating small landholdings into larger farms. Once enclosed, use of the land became restricted to the owner, and it ceased to be common land for communal use.
Answer:
The enclosure movement is an advancement of the 18th and 19th centuries, land previously owned by all members of the village, or at least commonly available for animal grazing and food cultivation. Usually a hedge on or around a wall, fence, or around it.
Explanation:
The process that ended traditional rights on common land formerly held in the open field system and restricted the use of land to the owner, is one of the causes of the Agricultural Revolution and the labor migration from rural areas to industrializing cities.
with which statement about the yuan Dynasty when Marco Polo have agreed
Chinese civilization had wealth splendor in organization to rival that of Europe
Japan and courier would benefit greatly from European attitudes about tolerance in peace
Persian culture proceeded many wonders innovations that was war like in Savage
overland trade routes to west Africa were too dangerous for European merchants
Chinese civilisation had wealth splendor in organisation to rival that of Europe.
Nobody except Marco Polo of Italy had travelled to far east countries like China and India and wrote his travel book,The Travels of Marco Polo,about them.The books revealed that China and India were pretty rich just like Europe.Marco Polo had travelled to China during Yuan dynasty around 1294 approximately.
The area of unstable plate tectonics that causes earthquakes and volcanic activity along the Pacific Ocean
the area of unstable plate tectonics that causes earthquakes and volcanic activity along the Pacific Ocean is known as the ring of fire. The ring of fire is also known as circum-pacific belt. It is a 40,000 kilometer horseshoe shaped area that includes 452 volcanoes and accounts for approximately 90 per cent of the worlds earthquakes.
How does the manufacturing of the United States compare to that of india/Pakistan from 1800 to 1900
Final answer:
The United States saw significant industrial growth from 1800 to 1900, becoming a leading manufacturing power with major corporations and innovations, whereas India/Pakistan faced deindustrialization under British colonial rule with a focus on raw materials and tragic social impacts such as famine.
Explanation:
During the 1800s, manufacturing in the United States and India/Pakistan saw divergent paths owing to their respective histories and resources. While the US experienced rapid industrialization, especially after the Civil War, leading to the creation of significant infrastructure such as railroads and advancements like the textile industry, India was undergoing deindustrialization due to British colonial policies which focused the economy on cash crops like cotton for British factories, leading to famines.
US Manufacturing from 1800 to 1900
Manufacturing in the US evolved greatly. Initially exporting raw materials, the post-War of 1812 period saw growth in domestic markets. Key developments included the mechanization of textile production and a transportation revolution, highlighted by the completion of the intercontinental railroad in 1869, which enhanced the movement of goods and resources.
Notable US inventions like the electric lightbulb and telephone emerged, and the consolidation of smaller companies into corporate giants, such as Standard Oil and Carnegie Steel, marked a shift towards larger scale industrial enterprises.
Manufacturing in India/Pakistan during British Colonial Rule
India, once a leader in textile production, saw its manufacturing base suffer as British policies favored the importation of raw materials from its colony rather than the finished goods. The artisans and merchants who once thrived were overshadowed by British industrial might. Small farmers faced eviction and the creation of plantations for British interests, drastically transforming the local economy and causing widespread famines.
A change in the supply of a good sericauses a shift in the supply curve.
This statement is WRONG.
The supply curve is an upward-sloping function that determines the relationship between price and quantity supplied. Therefore, if the quantity supplied changes, this would trigger a movement along the curve (and not a shift!).
An increase in the quantity supplied corresponds to an increase in the selling price of the product. Producers are willing to supply larger quantities when the price is higher. This proves why the slope of the curve is positive. On the contrary, a decrease in the quantity supplied corresponds to a decrease in the price.Why were monasteries important? (Include at least 3 reasons) 1- 2- 3-
Monasteries were important in the Medieval era for a number of reasons
1. They were the libraries of the era. Monasteries were important repositories of books, especially prior to the invention of the printing press.
2. They were the printing presses of the era. Monks were often engaged in the tedious task of hand copying books to ensure their survival
3. They were a great place to offload extra children of the royals. Third and Fourth sons of Dukes and Earls would often get sent to Monasteries. This ensured orderly succession and a lack of battles over who should inherit.
The type of boundary represented by the two books is a ..... boundary
convergent
hope this helps :)
Who were the Five “Civilized” Tribes? Five American Indian groups that were respected by settlers for their “civilized” native culture Five groups of American Indians that had been “civilized” by explorers prior to American independence Five American Indian nations that were very successful at assimilation
cherokee, choctaw, creek, chickasaw, and seminole. I think, I hope this helps
The correct option is: Five American Indian nations that were very successful at assimilation.
The Cherokee, Chickasaw, Choctaw, Creek (Muscogee), and Seminole are known as the Five “Civilized” Tribes because they adopted various aspects of European-American culture. They established centralized governments, developed written languages, adopted Christianity, and engaged in agriculture and trade similar to the European settlers. In particular, the Cherokee created a written constitution and a syllabary for their language, greatly increasing literacy and self-governance within their community. These efforts at assimilation were intended to protect their lands and way of life. However, despite these efforts, these tribes were still subjected to forced removal policies like the Trail of Tears, which led to significant suffering and loss.
how can i compare objects base on their odor and taste?
To compare objects they must have similar characteristics. For example, you compare the ones based on their odor separately from the ones based on their taste.
Once you do that try to separate them again based on the type of odor or taste they emit. For instance, the ones based on their odor can be separate whether they are:
FragrantNon-citrus/FruityDecayedPungent/SpicySweet, Among Others.On the other hand, the ones based on their taste you can compare them whether they are:
SaltyBitterSourSweet among others.what was the belief of Thomas Jefferson behind his inspiration of the Declaration of Independence
Thomas Jefferson was heavily influenced by John Locke and the other Enlightenment philosopher's belief in natural rights.
Locke believed that we all have rights to life, liberty and property. Jefferson adapted that to life, liberty, and the pursuit of happiness as the inalienable rights that force the colonies to separate from the United Kingdom.
hen European nations established colonies in Africa in the late 1800s, they
Hello
When European nations established colonies in Africa in the late 1800s, they exercised complete economic and political control over the colonies.
Hope this helps.
When European nations established colonies in Africa in the late 1800s, they exercised complete economic and political control over the colonies.
Hope this helps.
Which two factors caused Soddhartha gautama to give up his riches and leave his home
Even though he was a wealthy prince and his father gave him every material thing he could ever want or he felt there was more. One day he left his home to go out and meet the people. His father had hid human suffering from him and he was finally seeing it. He saw an old man and sick and suffering people. These factors cause him to give up his riches and home to strive to end sickness, aging, and death. Thus, he began living his life as an ascetic.
What is Ben Franklin asking Parliament to approve?
Answer:
its been here since 2018 and still unanswer u might be in high school now
Explanation:
Ben Franklin sought Parliament's approval during the negotiations of the Treaty of Paris in 1782. He, along with John Adams and John Jay, negotiated the treaty which recognized the independence of the United States and defined its boundaries. He also testified before Parliament against the Stamp Act, while not directly asking for approval, it contributed to a shift in British policy.
Explanation:Without a specific context or document, it's not entirely clear what Ben Franklin might be asking Parliament to approve. However, one notable instance in which Franklin sought Parliament's approval was during the peace negotiations in Paris in 1782, which eventually led to the signing of the Treaty of Paris in 1783. This treaty, which ended the American Revolution, required Parliamentary approval. Franklin, John Adams, and John Jay represented the United States in these negotiations, and the treaty they negotiated recognized the independence of the United States and established its boundaries.
Another instance where Franklin's interaction with Parliament is noteworthy, although indirect, is with regard to his opposition to the Stamp Act. While not directly asking Parliament to approve anything, Franklin did testify before Parliament against the act, arguing that it was unfair and damaging to colonial interests. While Franklin's testimony did not lead to the immediate repeal of the Stamp Act, it did contribute to a shift in British policy towards the American colonies.
Learn more about Ben Franklin & Parliament here:https://brainly.com/question/31538672
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When a historian uses the skill of corroboration ,he or she:
A. Determine whether a source should be considered primary or secondary
B. Criticizes a source for being biased toward one point of view
C. Create a proper citation to acknowledge the sources
importance
D. Confirms information from one source you see several other sources
Answer:
D. Confirms information from one source you see several other sources
Explanation:
Corroboration is the action of double checking information from one source, and searching for different sources, this is done in several social sciences, like history, sociology, anthroplogy, and in journalism, to chech te veracity of information that we have from a source.
Will reward points!!! HURRY!!!
Why was it difficult for the government to enforce antitrust legislation? Check all that apply. The Sherman Antitrust Act did not define the terms monopoly and trust. Antitrust cases were expensive and took a long time to prosecute. Federal judges often sided with businesses against federal regulators. Most citizens did not favor reform.
Antitrust cases were expensive and took a long time to prosecute. Federal judges often sided with businesses against federal regulators.
Sherman Anti-Trust was bad for trust so it would not be the answer, neither would the state, "most citizens did not favor reform".
The correct answers are A) The Sherman Antitrust Act did not define the terms monopoly and trust. B) Antitrust cases were expensive and took a long time to prosecute. C) Federal judges often sided with businesses against federal regulators.
It was difficult for the government to enforce antitrust legislation because The Sherman Antitrust Act did not define the terms monopoly and trust, antitrust cases were expensive and took a long time to prosecute, and Federal judges often sided with businesses against federal regulators.
Under the presidency of Harrison in 1890, the Sherman Antitrust Act had one problem. It did not specifically define what a monopoly was. So government officials could not enforce it properly. Big monopolies such as the Steel Company of Andrew Carnegie and the Standard Oil Company of John Rockefeller were controlled by power and wealthy people that influenced in many areas of the United States government.
which was a factor in the development of a two-party system in elections
During 1796 and 1828, the first political parties formed. During the country's formative years, 2 opposing factions arose. Later, the government made them into parties, the Democratic and Republican parties.
Answer:
Got this question wrong twice. The correct answer they game me is, Southern concern over potential abolition of slavery by the dominant political party
how can hammurabis code relate to modern day america?
The Code of Hammurabi was developed by the Babylonian ruler, Hammburabi. He ruled Babylon, which he expanded to cover most of Mesopotamia, from 1792-1750 BCE. Laws, judgements, and decrees were incorporated into the 282 laws that make up the code. The code was given to Hammurabi by the sun God, Shamash.
Please help The chart on the next page tracks the route that a bill takes as it moves through Congress. Label each box or briefly describe what happens at that stage in the legislative process. There are 10 boxes on the chart. You will receive 1 point for each correctly filled-in box, with a maximum score of 8 points.
As the chart shows, a bill is introduced either in the House or in the Senate, although money bills have to be introduced in the House only, after the introduction the following steps are taken.
1- Drafting the bill and Introducing the bill: Elaborating the bill by congress people,senators or even outsiders and then only members tof the House can introduce the bill for formal processes.
2- Action of the committee: Most bills do not pass this stage. The committee can make any arrangements that are regarded necessary.
4- Stablishing Rules and Floor Action: The bill goes for general debate in the house adn then the House debates and votes the bill, if the bill gets the majority it goes to the Senate.
5- Introducing the bill to the Senate and Committee Action: Just like the Floor Action,but now in the Senate.
6- Bill is called up: If the bill passes the commitee it is exposed to the whole Senate.
7- Floor Action: More debates aned possible changes in the Senate. If it passes, it returns to the House.
8- Conference Committee and Vote on the committee: If there is any kind of rejection, it goes to a conference committee composed of members of both Houses to workon compromises, afterwards, both Houses have to accept the changes that were made, if the bill is approved, it finally goes to presidential appraisal.
9- Presidential Action: The president may sign (approve) or decline (veto) the bill, if it is signed it becomes a law.
10- Vote to Override: If the president vetos the bill, it can still become a law if 2/3 of both Houses votes to override the presidential veto.
(first four house steps: 1. referred to committee/subcommitte 2.hearings, studies 3. reported by committee 4. debate, vote.) (first four senate steps 1.referred to committee/subcomittee 2. hearings, studies 3. reported by committee 4. debate, vote.) (Final two steps 1.conference action 2. sent to white house (signed, vetoed)) These are all right. Taken from the real chart.
why does cultural diffusion occur most rapidly in societies?
“Cultural diffusion is the spread of cultural beliefs and social activities from one group of people to another. ... The mixing of world cultures through different ethnicities, religions, and nationalities has only increased with advanced communication, transportation, and technology.”
Hope this helps!
~BBGLUVER
Well in order to have a prosperous society you have to interact with other peoples in various ways. For example if you were to conquer your neighbooring empire, their culture and customs would diffuse into your own society; such as religious aspects and traditions. Another example would be through trade. Trade allows many cultures to interact with one another and when exchanging goods, they also exchange ideas and pieces of their culture. If trade was constantly taking place, cultural diffusion would happen at a greater scale.
Very small population of tamarind monkeys are much more threaded by certain diseases than are very large populations of tamarind monkeys what is one possible explanation for this phenomenon
Large population can run away from disease sources
Small population are more easily attacked by bacteria
Small population are made up of weaker individuals than large population
Large population most likely have greater genetic diversity
Answer: Very small population of tamarind monkeys are much more threaded by certain diseases than are very large populations of tamarind monkeys because (C) large population most likely have greater genetic diversity.
A small population has a lesser degree of genetic diversity than a large population, which makes the small population less resistant to certain diseases. In other words, as a large population includes more monkeys, there will be more monkeys carrying the gene to resist diseases. A small population is more likely to be affected by a stochastic sampling error, which is a genetic drift that results in the absence of a gene flow. Furthermore, a small population is generally characterized by a reduced population growth rate, which makes it more vulnerable to diseases and, therefore, to extinction.
what is federal system
Federalism is a type of government that divides the power between three branches legislative, judicial and excecutive
A SYSTEM OF GOVERNMENT IN WHICH POWER IS DIVIDED BETWEEN CENTRAL AUTHORITY AND CONSTITUENT POLITICAL UNITS.
Which major accomplishment was achieved by Darius I of Persia
Final answer:
Darius I of Persia achieved major military and administrative feats. He expanded the empire to control major river systems of ancient times, reorganized the empire into satrapies, undertook massive building projects, standardized administrative tools like measures and established an effective postal service.
Explanation:
The major accomplishments of Darius I of Persia include the expansion and consolidation of the Persian Empire and significant advances in administrative infrastructures, such as the creation of the satrapy system. He inherited an already vast empire which he reorganized into twenty districts, known as satrapies, each overseen by a governor or satrap. This administrative overhaul was crucial for the management of the empire's sprawling territories. Additionally, Darius I undertook monumental building projects, including constructing palaces at Susa, Persepolis, and Pasargadae that featured designs from various cultural influences within the empire. He also focused on infrastructure improvements like establishing a postal service, standardizing weights and measures, and initiating construction of canals and qanats for irrigation and transport.
Darius's military campaigns further asserted Persian dominance. He successfully conquered regions in the Indus River valley, which marked the first time in history a single state governed over the major river systems of the Nile, Mesopotamia, and the Indus. Although he faced setbacks, such as the campaign against the Scythians where he did not achieve a decisive victory, Darius expanded the empire's reach to include Thrace and created a formidable and enduring legacy.
Answer: the institution of a single language for government
Explanation:
Under the Articles of Confederation, who had the final authority?
Any amendment required unanimous consent of the states. The Articles of Confederation created a national government composed of a Congress, which had the power to declare war, appoint military officers, sign treaties, make alliances, appoint foreign ambassadors, and manage relations with Indians.
Answer:
States.
Explanation:
The Article of Confederation serves as the first constitution of the United States. it give more authority to the states to retain their independence and sovereignty. The central government was weak and only have limited functions. The more power with states created frustration for the central government and gave way to the constitution of the United States.
ln the year 1890 approximately ehat percentage of the total us population live in the west
25.5% i believe please correct me if im wrong
why is ancient Egypt considered a theocracy
Which factor has motivated many countries to pursue free trade policies in the 21st century?
A. To allow all people, regardless of race or gender, to participate in the global economy
B. To make it cheaper and easier for companies to buy and sell foreign products
C. To prevent companies from producing pollution that affects the entire world
D. To protect local businesses from competition with huge foreign corporations
I found out it was B
The factors that have motivated countries to pursue free trade policies include increased access to higher-quality, lower priced goods. Free trade also allows more growth, increases efficiency and innovation, drives, competition, and promotes fairness. The answer is B.
B. To make it cheaper and easier for companies to buy and sell foreign products
Free trade policies in the 21st century have been motivated largely by the goal of facilitating international trade by reducing barriers such as tariffs and quotas. This makes it more affordable and simpler for companies to engage in buying and selling goods and services across borders. By promoting free trade, countries aim to enhance economic efficiency, foster competition, and facilitate access to a wider variety of products and services for consumers. This motivation is rooted in the belief that increased trade can lead to economic growth and prosperity for nations participating in the global economy.
Before 1898, possessions of the United States beyond its immediate boundaries
A) included Alaska
B) did not exist
C) consisted of Alaska, Canada, and Mexico
D) included most of Central America
I believe A might be right
Why were fed court cases won against monopolies and trust during the gilded age ?
So few cases against monopolies and trust, also called The Sherman Act, were won for the fed during the Gilded Age (1870-1900) because it was loosely formulated and failed to define such critical terms as "trust", "combination", "conspiracy" and "monopoly". Despite substantial fees and jail expeditions for those who decided to form such combinations, the Act was dismantled five years later. In other words, monopolies and trusts were encouraged by the federal courts.
Answer:
Monopolies and trusts were supported by Federal Court so, the Federal courts were supported by monopolies and trusts.
Explanation:
which of the following best describes the purpose of black codes
Answer:
Where is the following?
Explanation: