According to Adam Smith, the self-interest represents the personal gain of the individual and actions he takes in order accomplish that self interest. He was a staunch believer in the free market and was against government regulations because he thought that the free market would most benefit the individual and therefore the society. The competition is what makes the the manufacturers produce better products and more of them, while this will spur the costumers to buy those products. When many act in their own self interest, the market will give both to the manufacturers and the consumers.
Answer:
. highschools better . or it just depends
Answer:
Most Egyptians lived near the Nile as it provided water, food, transportation and excellent, fertile soil for growing food. Ancient Egypt could not have existed without the river Nile. Since rainfall is almost non-existent in Egypt, the floods provided the only source of moisture to sustain crops.
Explanation:
The correct answer is Human Relations
Although the Human Relations sector used to be considered almost irrelevant in companies, people started understanding how a successful HR sector can improve the results through the management of people and other social resources. Understanding these processes and applying them in real time can lead to companies prospering or a lack of understanding can lead to complete failure.