The person who has been known up until today as the "father of modern economics" is Adam Smith. A thinker and philosopher from Scotland, born in 1723 and died in 1790, Adam Smith was given this important title because of his ideas and theories on laissez-fair and the tendency of free markets to regulate themselves by way of competition, supply, demand and self-interest. He wrote several books where he proposed his economic ideas, among which we have: The Theory of Moral Sentiments, where he expresses this ideal of a hidden hand, which means the capacity of markets to autoregulate and An Inquiry into the Nature and Causes of the Wealth of Nations. He was also the proponent of the theory of compensating wage differentials, which states that jobs that are riskier pay much better wages to workers because of the risk they represent, versus jobs that offer little to no risk. He is also known as the father of Capitalism.
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Explanation:
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Answer:
Resistance movements during World War II occurred in every occupied country by a variety of means, ranging from non-cooperation to propaganda to hiding crashed pilots and even to outright warfare and the recapturing of towns. In many countries, resistance movements were sometimes also referred to as The Underground.
Explanation:
India and China claim few slaves with a lion's share of their populace as the low class that did likewise fill in as the slaves. The Indians and Chinese were not noticeable in bondage as the Greco-Romans since they had their kin taking the necessary steps that the slaves did. The Chinese and Indians one might say had slaves it was quite recently that the slave was called something different and held a higher economic wellbeing than simple slaves.
Answer:
Soft money
Explanation:
Soft money can be understood from the sobriquet, 'soft'. It is more or less a paper money. This is a well used fund in varying political circles. Thus, political parties can receive these funds and/or contributions from businesses and/or organization that are not regulated by the Federal Election Commission.
The implication of the non regulation by the Federal Election Commission is that there will be no limits as to the levels and degree of contributions that could be made.
The idea of soft money hinges on a fundamental human rights of free speech. As such, unnecessary influence is often eliminated in a bid to fulfil the rules that apply to such donations. The money are often made to political parties or individuals via direct or proxy routes.
