According to Adam Smith, the desire to earn more money as a baker or another profession benefits society by generating free competition and developing the market, generating lower prices, higher quality of products and services, and faster production.
<h3>Who was Adam Smith?</h3>
Born in Edinburgh in 1723, Smith was a philosopher and economist who advocated economic liberalism. For him, it should have complete economic freedom to increase private initiative.
Through his ideas based on less state intervention in private property, Adam Smith was an influencer for the development of capitalism.
Therefore, in the Enlightenment period, Adam Smith instituted ideas in support of free trade, being supported by the bourgeoisie who were against the absolutism still practiced by the kings at that time.
According to his theory, liberalism would promote economic freedom that would regulate the market through free competition.
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Answer:
Pneumonia is an infection of the lungs that may be caused by bacteria, viruses, or fungi. The infection causes the lungs' air sacs (alveoli) to become inflamed and fill up with fluid or pus. That can make it hard for the oxygen you breathe in to get into your bloodstream
sorry if thats not what you need lol
<span>The North had more railroads and more factories South did not have as many railroads and no factories so this made their development a lot slower. Having more railroads made it easier to transport supplies for the war. The South relied more on manual labor and did not want to invest the money and time into building industries.</span>
<span>What supply problems did the Allies face in Europe during World War II?
</span>The correct answer is:
Supplies had to travel a long distance across water on ships that were often attacked, so they did not reach Europe.
<span>Starting with the Invasion of Sicily in July of 1943, and culminating in the June 6, 1944, D-Day invasion of Normandy, Allied forces took the fight to the Axis powers in many locations across Western Europe. The push into Italy began in Sicily, but soon made it to the Italian mainland, with landings in the south. The Italian government (having recently ousted Prime Minister Benito Mussolini) quickly signed an armistice with the Allies -- but German forces dug in and set up massive defensive lines across Italy, prepared to halt any armed push to the north. After several major offensives, the Allies broke through and captured Rome on June 4, 1944. Two days later on D-Day, the largest amphibious invasion in history took place</span>
The primary benefit of the federal government investing in physical capital is : increase in infrastructure
Physical capital refers to manmade technologies to increase the efficiency of production, such as factory machineries
