Answer:
The available evidence suggests that immigration leads to more innovation, a better educated workforce, greater occupational specialization, better matching of skills with jobs, and higher overall economic productivity. Immigration also has a net positive effect on combined federal, state, and local budgets.
Explanation:
Answer:
Elizabeth's fear of committing to action in foreign affairs, particularly her aversion to any and all war, was largely a product of her childhood, in which she had often witnessed the high costs of failure in politics.
This answer is false. Your answer is the<em> third</em> economic question.
There are four basic economic questions.:
1. What good and services and how much of each to produce?
2. How to produce?
<em>3. For whom to produce?</em>
4. Who owns and controls the factors of production?
The first question is answered by consumers (demand, the amount of money to spend), the second by producers (competition for sales and profits), the third by who have the money to buy the products, the fourth by who provides/owns the land and resources, labor and capital.
Answer:
Adam Smith is known as father of economics. We get his ideas about economic development from his well-known book, “An Enquiry into the Nature and Causes of Wealth of Nations” (1976) which has tremendously influenced the thinking about economic growth and development.
We briefly explain below his ideas about economic development. We will study below that he advocated the policy of laissez faire, that is, non-intervention of government in economic activities of the individuals. He laid stress on individual freedom in conducting their economic affairs without any obstructions and restrictions by the Government. He advocated free trade among nations of the world and urged that all restrictions on foreign trade should be removed to promote international specialization so as to increase the incomes of the nations.
Aspects of Adam Smith’s Theory:
The crucial aspects of development theory as propounded by Adam Smith are – (1) division of labour and (2) capital accumulation. Productivity of labors increases through division of labour. The two factors that facilitate the use of more division of labour are capital accumulation and size of market. We explain below these factors in detail. Also learn about the relevance of Adam Smith’s Theory to developing countries.
Explanation:
Adam Smith is known as father of economics. We get his ideas about economic development from his well-known book, “An Enquiry into the Nature and Causes of Wealth of Nations” (1976) which has tremendously influenced the thinking about economic growth and development.
We briefly explain below his ideas about economic development. We will study below that he advocated the policy of laissez faire, that is, non-intervention of government in economic activities of the individuals. He laid stress on individual freedom in conducting their economic affairs without any obstructions and restrictions by the Government. He advocated free trade among nations of the world and urged that all restrictions on foreign trade should be removed to promote international specialization so as to increase the incomes of the nations.
Aspects of Adam Smith’s Theory:
The crucial aspects of development theory as propounded by Adam Smith are – (1) division of labour and (2) capital accumulation. Productivity of labors increases through division of labour. The two factors that facilitate the use of more division of labour are capital accumulation and size of market. We explain below these factors in detail. Also learn about the relevance of Adam Smith’s Theory to developing countries.
Dred Scott believe he was free from enslavement because he married a person that was set free. Option D is correct.
<h3>Who was Dred Scott?</h3>
Dred Scott was a slaved African-American man that was unsuccessfully challenged for exemption for himself and his two female offspring in the Dred Scott v. Sandford case of 1857, this was also known as the "Dred Scott decision.”
Dred Scott believes he was set free because he married someone that had been set free.
Therefore, choice D is correct.
For further information on the Dred Scott, refer to:
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