It can be deduced from the given that what Mario used as payment for the goods that he acquired is also goods. The answer to this item is commodity. It is a type of money that is not in a form of cash but has a value that can be an exchange for another commodity.
The Great Depression in the 1920s in the United States also affected many countries such as Latin America and Africa. Latin American countries were pretty much affected because of the US investments established and the country's exportation to the US also crashed. On the other side of the world, Africa had declared Great Depression in terms of political and economic. However, they were saved from a complete collapsed by the gold mining industry.
Answer:
1.
Explanation:
Ethics can be defined as a systematic study of morals or what is right or wrong. The word ethic is derived from the Greek word 'ethos' which means habit or character.
It is through ethics, that humans get the prescriptions of morality and what they need to do for the benefit of their society, and what is right and fair.
<u>Ethics refrains a person from committing crimes or shows a difference between right and wrong acts; even if wrong acts are socially accepted. Such as honor killing may be accepted in society, but ethically it is a crime</u>.
Smith stated in his theory that the free market economy is Governed by "Invisible hand"
This stands in opposite argument of the free market economy which stated that the free market is governed by supply and demand
hope this helps
