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Lady_Fox [76]
3 years ago
15

On what grounds does smith extol the division of labor? can you think of any drawbacks that might result from such a form of lab

or organization?
Business
1 answer:
aleksandrvk [35]3 years ago
5 0
<span>The quote captures Smith's description of the complexity and scope of the division of labor, and its ability to increase the standard of living in a given society. Smith believes that the propensity to truck, barter and exchange is part of human nature, and it is precisely this capacity that best organizes the economic system in large scale societies. The cooperation of the many thousands, inspired by each person's self interest, is what allows for the economic system to flourish, spreading opulence and raising the overall quality of life. Since observations on the progress inspired by the division of labor begin the book, Smith uses the contemplation of simple items (pins, for instance) as a starting point for his theorizing on the organization of economics in general.</span>
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Action verbs you might use on a job application
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4 0
3 years ago
Under a _____ exchange rate regime, a country will attach the value of its currency to that of a major currency.
bija089 [108]
The answer should be pegged
7 0
2 years ago
There are different standards for due process in civil and criminal cases. True or False
kobusy [5.1K]

That statement is false

Due process refers to the treatment that both parties involved in a case should experience in order to obtain a hearing. The standard for the treatment is the same for civil and criminal cases. The only thing that different between the two only the magnitude of the punishment.

7 0
3 years ago
Investing in stocks is like gambling when:
bearhunter [10]
If so maybe see hope help
6 0
2 years ago
Identify the characteristics that have enabled Singapore to become one of the world’s most prosperous nations. Correct Answer(s)
ella [17]

Answer:

The answers are : Stable financial system; Strategic location; High literacy rate.

Explanation:

Singapore is a small island, highly populated country without much natural resources and little resources are paid to agricultural sector and energy sector thus lack of self-sufficiency in regard to water, food (due to limited land, lack of water supply and high labor cost). Currently, more than 40% of the country's water consumption are exported from Malaysia.

However, thanks to its strategic location lying in the center of the trade flow between the America, Europe, Middle East - Africa and Asia and the heart of Asia; its stable financial system which is one of the financial centers of Asia and the world due to its pretty open economy; its highly-educated citizens ( according to UNESCO Singapore literacy rate has been going up from nearly 83% in 1980 to more than 97% in 2018), the country is among one of the most prosperous countries in the world.

6 0
3 years ago
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