All categories

3 years ago

How does smith believe individual self interest and profits benefit all of society

Social Studies

2 answers:

lesantik [10]3 years ago

5 0

Answer:

A. It causes people to seek out high-paying jobs.

B. It encourages people to be more benevolent.

C. It causes people to behave more cautiously.

D. It encourages employers to pay high wage

Explanation:

I took the test.

DerKrebs [107]3 years ago

4 0

According to Adam Smith, the self-interest represents the personal gain of the individual and actions he takes in order accomplish that self interest. He was a staunch believer in the free market and was against government regulations because he thought that the free market would most benefit the individual and therefore the society. The competition is what makes the the manufacturers produce better products and more of them, while this will spur the costumers to buy those products. When many act in their own self interest, the market will give both to the manufacturers and the consumers.

You might be interested in

Millar,<br> c., delves, r. & harris, p. (2010). ethical and unethical leadership: double vision?

Sauron [17]

Ddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddd

8 0

3 years ago

Expectations that define appropriate or inappropriate behavior for the occupant of a status are called ________.

Keith_Richards [23]

Answer:

The answer is "roles"

Explanation:

Rolling standards can be seen as anticipated behavior or characteristics of the occupation of the position. It is also seen as an enforced, as actions.

Perceptions of implicit behavior must be assumed, like self-reporting, etc.
The roles define an inappropriate behavior for the occupant of status, that's why it is important.

3 0

3 years ago

Read 2 more answers

The Federal Reserve System is overseen by the seven-member:

vredina [299]

D....................................................................

3 0

3 years ago

Which of the statements about life expectancy in the U.S. Is correct?

velikii [3]

Answer:

ABCDEFGHIJKLMNOPQRSTUVWXYZ

Explanation:

ABCDEFGHIJKLMNOPQRSTUVWXYZ

RSTDYFUVGBINUBJVHYCTRXESZATUXDYCUVJH GFXKTSE5ITRDYCGJ CDTU7CGH,YFHC,GJV.HUXFH,C GJDLURXF,

7 0

3 years ago

Explain whether each of these individuals will be counted as a part of the labor force. Alex is a full minus time student that w

lutik1710 [3]

Answer:

Alex is a part-time worker

John is unemployed

Explanation:

Alex is a full-time student who works part-time on weekends, this means he is considered as being employed and a part of the labor force.

John is unemployed at the moment even though he has not responded to interview requests from banks. The fact that he applied to be a realtor last week, shows that he is willing to work.

Part-time workers and people who are unemployed but actively looking for work are classified as part of the labor force.

Therefore Alex and John will be counted as part of the labor force.

8 0

3 years ago