Adam Smith theories promote individualism in the sense that they state that, when each economic agent (households, business, or public entities) pursue their own interests selfishly, the outcomes generated by their economic activities will optimize the social welfare.
The incentives behind working for the own profit are much higher, and make individuals more productive and more sensitive to mistakes, therefore they are keen on improving their practices constantly. In turn, the incentives of working for the common interest are more vague, and such situations lead to sharp productivity declines. It is more likely that societies with greater productivity are able to produce efficiently enough goods and services to cover the needs of all its citizens. Therefore those societies end up maximizing the social welfare. These are the main arguments which support the invisible hand principle coined by Adam Smith.
Answer:
Answer is D. Opiate for the masses.
Explanation:
The political circuit , that is , the politicians have developed methods of distracting people from the activities of the government. One of this things is sport.
Note that opiate means something that calms or soothes someone. This means that, sport has been chosen to calm people down, because it will temporarily suppress the underlying pain.
Therefore, sport will prevent people from rising up or fighting their leaders.
In experimental research, the independent variable is a manipulated experimental factor, and the dependent variable is the outcome.
<h3>What is a variable in research?</h3>
A variable in research can be regarded as a object, person, place or phenomenon that can be measured in some way.
However, there could be dependent variable or independent variable, both is necessary in the research because dependent variable is the outcome of the experiment.
Learn more about variable at;
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