Division of labor and specialization, which were promoted to a large extent by Henry Ford and Frederick W. Taylor with the goal of increasing productivity and efficiency, contribute to economic growth because the worker, by being specialized, executes one, and the same, task or job over and over again, and, as a result, the final product or service is cheaper, of higher quality, and is produced in a shorter amount of time.
It was the Scottish economist and philosopher Adam Smith (1723-1790) the one that established that division of labor and specialization were the basis of productivity growth and wealth.
Explanation: Bhakti soon spread to North India, appearing most notably in the 10th-century Sanskrit text the Bhagavata-purana. Muslim ideas of surrender to God may have influenced Hindu ideas of bhakti from the start, and later poet-saints such as Kabir (1440–1518) introduced Sufi (mystical) elements from Islam.
Answer:
moral hazard
Explanation:
<em>Moral hazard</em> appears in markets with asymmetric information. It corresponds to an opportunistic behavior where one of the sides seeks its own benefit at the expense of the other which is being unable to observe their behavior. The entity assumes more risks in its investments because the profits will be for them while the losses will be assumed by the other side. Those who suffer the negative part, cannot do anything because there is no perfect information and do not know the exact intentions.
The answer is c the British will win the war.
