The Enlightenment Philosopher Rousseau was responsible for introducing the idea that people enter a social contract with the purpose of maintaining order in society.
if individuals acting in their self-interest produce outcomes that were not part of their intention or design but benefit society as a whole, this is a demonstration of invisible hand.
The metaphor of the "Invisible Hand" refers to the unanticipated societal advantages and public good that result from people acting in their own self-interest. In his book The Wealth of Nations from the eighteenth century, economist Adam Smith is usually credited with popularizing the idea.
The first time Adam Smith used the term "Invisible Hand," he was referring to his observation that money does not exist in a vacuum and that people acting in their own self-interest will eventually behave in the best interests of the larger welfare of society.
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Dorothea Dix belueved that mental illness was a sickness, not a crime.
The correct answer is Innovators developed a process to produce steel inexpensively.
The Second Industrial Revolution was born with scientific and technological progress that occurred in England, France and the United States, around the second half of the 19th century.
The discovery and use of new energy sources - oil (in the combustion engine), water (in hydroelectric plants), uranium (for nuclear energy), have further revolutionized industrial production. The list of inventions and discoveries is huge, which represented greater comfort for the human being.
Answer:
c) Withdrawal of existing investment
d) capital expenditure.
Explanation:
Disinvestment is a business related term that describes a process or way in which individuals, company or government sells or liquidate an existing asset or subsidiary, which helps to hasten the re-allocation of resources to more productive areas within an organization or government-funded project.
Hence, Disinvestment can be seen as a "withdrawal of existing investment" by using the capital gotten from it, to finance other productive Investment or project.
Purchase of shares on the other hand is related to Captial Expenditures, because Capital expenditure is a term that describes the money spent by companies, specifically for the purpose of investment in the future or long-term financial situation of a company. This implies that, the money or capital spent in purchasing assets is productive for longer period, often more than one year.
Also, since Purchase of Shares is profitable over a long-term period, it is related to CAPITAL EXPENDITURES.
