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.
Answer: A constitutional monarchy is a blended form of government in which a king or queen with limited political power rules in combination with a legislative governing body such as a parliament representing the desires and opinions of the people.
Explanation: My guy, just look it up
Answer:
They had cultural ties with them; British news/propaganda also swayed the American public opinion in favor of the Allies.
Answer:Chinggis Khan
From the 6th to the 13th century it grew into a city more populous than it is today, changing hands every couple of centuries – Western Turks, Arabs, Persian Samanids, Karakhanids, Seljuq Turks, Mongolian Karakitay and Khorezmshah have all ruled here – before being obliterated by Chinggis Khan in 1220.
Explanation:
