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:
The Soviet Union enforced the collectivization of its agricultural sector between 1928 and 1940 during the ascendancy of Joseph Stalin. ... The sweeping collectivization often involved tremendous human and social costs.
Explanation:
Answer:
Im gonna go with D
Explanation:
Southern Dermocratin wanted slaves,
Radical Reconstruction - Helped slaves
the Thirteenth, Fourteenth and Fifteenth Amendments. - Helped slaves
carpetbagger was a derogatory term applied by Southerners to opportunistic Northerners who came to the Southern states after the American Civil War
the compromise that made Rutherford B. Hayes president - ended the Reconstruction
Answer: is B
The plants and animals of South America are numerous and unusual.
Explanation: hope this helps
Answer:Jesus or Nazareth was crucified by the Roman Empire
Explanation: One of the questions are exactly like this one and it had the exact answer, I also clicked it to see if it was for sure the right answer, it was.
