Answer:
C. producers work together to increase prices
Explanation:
The concept of the invisible hand in economics was introduced by the classical economist Adam Smith, who is considered the father of economic liberalism. According to Smith, men have a natural selfish tendency and will seek to satisfy their own needs through trade in goods and services. Thus a positive effect of each man's selfish and individual attitudes will be felt in the economy. When everyone seeks their benefits, the wheel of economics spins. This is what Smith calls the invisible hand.
Consumers will demand goods and services according to their needs. Business owners, seeking to increase their wealth, will provide consumers with the most desired products. Consumers are rational and tend to buy goods from those they provide at a lower price.
Thus competition is a central element by which Smith justifies the invisible hand. The act of union of producers is considered a cartel, something contrary to the mechanisms of competition and therefore does not fit the metaphor of the invisible hand.
New Englanders built schools. New Englanders were the group of settlers who came and settled first in Jamestown.
Explanation:
New Englanders were the colonists who settled in Jamestown. Native Americans posed to be a threat to the colonists. As time passed by, the settlers started to learn how to live in wilderness. The colonists who came from Britain were a group pf Puritans who believed that the churches in America needed Purification. Puritan community activities revolved around the church. Church services and offering mass prayer was considered important on Sundays.
Holy Gospel occupied a very important place in the life of Puritans. They felt education is necessary for them because it would give knowledge to the people to read Bible. Hence Puritans started to open schools and ensured that all were imparted with education so that they read the holy Bible.
They sent in Contras, Right-wing American forces, to Nicaragua despite it being illegal at this point through the Boland Amendment. This also exposed to Iran-Contra scandal when America and Iran had trade weapons to support each other.
Answer:
The Agricultural Revolution of the 18th century paved the way for the Industrial Revolution in Britain. New farming techniques and improved livestock breeding led to amplified food production. This allowed a spike in population and increased health. The new farming techniques also led to an enclosure movement.
