Answer:
The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'. He assumed that an economy can work well in a free market scenario where everyone will work for his/her own interest.
Explanation:
Answer:
the power of church was weekened
Answer:
The statement that is true out of the statements given about labor unions is Option A: The political power of labor unions has waned over the last several decades.
Explanation:
The political power of labor unions has declined in recent decades in part because of how the labor markets have been changing around the world. The United States has lost a large percentage of its manufacturing jobs to companies who now do a lot of their manufacturing and assembling offshore where labor prices are lower and companies can increase their profit margins. This means there are fewer people employed in traditional industries like the auto industry or at a factory that assembles computers, or some other manufactured goods in the United States. It is the conventional factory that is most closely associated with labor associations that operate on behalf of employees and who represent their interests like unions.
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