Hitler claimed that the Jewish people were the greatest threat confronting Germany
<span>Adam Smith is the guru behind classical economics and his introduction of the 'invisible hand' concept. Basically, no one person is in control of the market and order is generated in the market without anyone intending this. e.g. Firms are in the market to make a profit, but to do this they need to provide goods and services that the market demands. Self-interest feeds the good of society in this way.
His thoughts are still valid in terms of the ways we think about economics, but classical economics can be argued to have died out in some respects. For example, one argument is that in this recession there should be no government intervention as the invisible hand will intervene, i.e. prices will fall due to decreased demand and the fall in prices will get consumers spending again. Keynesian economics, on the other hand would argue that there needs to be government intervention in order to stimulate aggregate demand and this is the approach most governments are taking, eg. Barack Obama's stimulus plan is an example of Keynesian economics.
So to answer your question, Adam Smith is very important to understand how the market functions, but some economists have debated some of his theories, as has always been the case in economics. I hope that answers your question.</span>
Urbanization leads to leisure activities such as doing more parties, spending money on expensive things etc.
How does urbanization affect leisure activities ?
In the era of the nineteenth century, the rapid growth of urbanization led to leisure activities such as vehicles, which became a daily problem. Urban leisure means a fully furnished house which has good living space to develop the growth of the individual mind with a good financial future. And the new pattern of spending time also includes buying costly products, playing computer games, attending cultural events as well as sporting events, eating out, etc.
The reason for this is the reduction of working hours in industries and giving holidays on Saturdays as well as Sundays. And it gave more leisure time to the workers and other employees.
To learn more about the urbanization leisure activities from the given link:
<u>brainly.com/question/19731293</u>
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Answer:
A New York State law required public schools to open each day with the Pledge of Allegiance and a nondenominational prayer in which the students recognized their dependence upon God. The law allowed students to absent themselves from this activity if they found it objectionable. A parent sued on behalf of his child, arguing that the law violated the Establishment Clause of the First Amendment, as made applicable to the states through the Due Process Clause of the Fourteenth Amendment.
Explanation:
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I believe these statements are describing The Knights Of Labor.
