The person who has been known up until today as the "father of modern economics" is Adam Smith. A thinker and philosopher from Scotland, born in 1723 and died in 1790, Adam Smith was given this important title because of his ideas and theories on laissez-fair and the tendency of free markets to regulate themselves by way of competition, supply, demand and self-interest. He wrote several books where he proposed his economic ideas, among which we have: The Theory of Moral Sentiments, where he expresses this ideal of a hidden hand, which means the capacity of markets to autoregulate and An Inquiry into the Nature and Causes of the Wealth of Nations. He was also the proponent of the theory of compensating wage differentials, which states that jobs that are riskier pay much better wages to workers because of the risk they represent, versus jobs that offer little to no risk. He is also known as the father of Capitalism.
Answer:
NO
Explanation:
jut look at the news well better yet.. go in a workplace as a person of color or a WOMAN!
Answer:
history means the period of glory or ancient period .yes it change the time or remained the same .yes it is different region of earth . example Nepal is known as ancient country due to preserve the ancient things . and it provide national pride to country
hey i hope this is good enough :)
Answer:
European countries established colonies throughout the world, mostly in America and Africa, from the 1400s up till the early 1900s. After WWI and WWII, international boundaries changed. They mainly focused on balancing power. After WWI, the country fell under the power of the Soviet Union. Once the Soviet Union took over, conflicts emerged between the people living in the state.
Answer: The New Deal
Explanation:
In the United States, FDR created a plan of programs, public works projects and reforms to help during the Great Depression.
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