Answer: Friedrich Hayek’s work The Road to Serfdom argued that centralized Economic Planning ultimately threatened liberty. Conservatives used this book to justify a reduced role for the state in the economy, by equating fascism and socialism with the New Deal.
Explanation: Frederick Hayek in his book <em>The Road to Serfdom</em>, published in 1944, criticized government involvement in the market seeing it as a system that leads to loss of individual freedom.
Centralized Economic planning is key to socialism as a method to ensure equality, but Hayek argued that central planning forces the will of a few people on the public. This is not socialism but dictatorship.
Conservatives, who favored a reduced government role in economic planning quoted this book and equated the New deal with fascism. The New Deal was a program designed by President Franklin D. Roosevelt to revive the economy after the Great Depression.
Answer:
Explanation:
Adam Smith believes that the division of labor and specialization enables people to become adept at their job and therefore more productive. ... "The division of labour, however, so far as it can be introduced, occasions, in every art, a proportionable increase of the productive powers of labour."
Explanation:
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In general, politicians pay the most attention to middle-age white people in elections, since they believe they are the most active voters, instead of the very young and the very old.
habituationHabituation is a mental learning process in infants wherein repeated exposure to a stimulus results in a decreased response to it. In this example, after Melanie presented the infants with the same red light repeatedly, they became "habituated" or familiar with it, after which they lost interest in observing it. Melanie then proceeds to investigate if the infants instead turn their attention to a different colored light (a new stimulus).
