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antoniya [11.8K]
3 years ago
15

Economists assume that an individual acts as if motivated by

Social Studies
1 answer:
Andre45 [30]3 years ago
5 0

The correct answer would be option C, Self Interest. Economist assume that an individual acts as if motivated by Self Interest.

Explanation:

The concept of motivation by self interest is given by Mr Adam Smith. He was the great economist and the philosopher. He belonged to Scotland and is considered as the pioneer of the Political economy. He is also remembered or known as the Father of Economics.

According to Adam and some more economists, an individual acts if he is motivated by self interest. It means that if someone has some personal interest in anything, he is more likely to be motivated for achieving that. According to economists, this motivation is necessary as it builds competition and acts as an important economic Force. The regulator of economic activity is Competition, and the competition is best achieved when a person is fully motivated, and a person is fully motivated when he has some personal interest in that task.

When people have their own interests and want to make money, they try to make the society or economy better as a whole.

Learn more about economies at:

brainly.com/question/1033649

brainly.com/question/10877298

#LearnWithBrainly

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Why is it important to have a committee system in the georgia general assembly?.
ValentinkaMS [17]

Answer:

With its two houses, the General Assembly is able to represent the people of Georgia in its lawmaking. The committee system used by both houses allows legislators to specialize in a specific area of law, and in general they are elected for that expertise.

5 0
2 years ago
Which term refers to the region consisting of Northeastern and Midwestern states that experienced population loss, industrial jo
Romashka [77]

The term in question is Rust Belt.

Explanation:

During the 1970's and 1980's the economic landscape was rapidly changing, with some industries experiencing downfall, while new ones were on the rise. This caused bug economic problems in some parts of the United States, and the economic problems caused job losses and population losses. It seemed that some areas of the country fall apart, so the people started moving out to look for better opportunities.

The areas, roughly stretching as a belt, got the name Rust Belt. The term is derogatory itself, and the ''Rust'' is symbolism for the collapsing industrial objects that were left to rust. Numerous industrial centers lost their status and power, while others benefited from this situation, so there was big shift in economic power in this region. The states that were mostly affected by this were:

  • West Virginia
  • Pennsylvania
  • New York
  • Michigan
  • Illinois
  • Iowa
  • Indiana
  • Ohio
  • Wisconsin

Learn more about the industries in the United States brainly.com/question/10452885

#learnwithBrainly

3 0
3 years ago
Which federal holiday is observed on the same calendar date each year?
Nataliya [291]

Answer:

whichever of these are on your list since you did not give one

New Year's Day, Juneteenth, Independence Day, Veterans Day, and Christmas Day

Explanation:

jesus loves you!!!!!1

6 0
2 years ago
Lyubomirsky et al. (2005) have suggested three factors that determine well-being. These factors are ___, ___, and ___, and they
laiz [17]

Answer:

These factores are: set point, life circumstances and intentional activity.

Which account for 50%, 10% and 40%, respectively, of the variability of happiness.

Explanation:

In the article called "Pursuing happiness: The architecture of sustainable change", Lyubomirsky et. al. (2005), propose a model for what they call chronic happiness. In this model they operationalize the concept of happiness in three measurable variables: set point, which are the genetic factors that influence a person's happiness, such as afective and personality traits. The authors found that this variable accounts for up to 50% of the entire construct.

The second variable is called life circumstances. These are the circumstantial factors that are relevant for a person's level of happines, they include demographic factors such as age, gender and ethnicity; and also life status, such as income and occupational status. The authors found that this variable accounts for only 10% of the construct.

The last variable is called intentional activity. It includes activities in which humans choose to engage in, in their everyday lives. For example, exercising, devoting time to helping others, etc. This variable accounts for 40% of the hapiness construct.

3 0
3 years ago
What is one major advantage of globalization?
Law Incorporation [45]

Answer:

Explanation:

Globalization allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less money.

8 0
3 years ago
Read 2 more answers
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