Answer:
In economics, it is widely accepted that technology is the key driver of economic growth of countries, regions and cities. Technological progress allows for the more efficient production of more and better goods and services, which is what prosperity depends on.
Explanation:
Brainliest?
I took this test the answer is B. introspection
Companies report people to credit agencies if they fail to pay their bills on time.
Creditors reports history with other lenders and the debtor's borrowing activities (debts and payments) to Credit agencies. Credit agencies
collects information about individual or business debts and assigns a credit
score. The credit score demonstrates borrower's creditworthiness, serving as a guide to other lenders. If the debtor fails to pay bills on due dates, the credit score will most likely be low. Lenders will mostly refuse to approve future loans as a low credit score indicates the applicant is a bad payor.
Answer:
The correct answer for the question: The idea of supply and demand is based on the development of:______, would be, the offering and generation of the necessary number of products that will satisfy the needs of the consumer.
Explanation:
The theory of supply and demand, presented first by Adam Smith in 1776, sought to explain how in a free market economy, the offer of goods, the demand of goods, and prices, play a role and control each other. As such, demand is probably one of the fundamental parts of the theory as it is from the consumers´ needs that a producer will both supply, and price, their product. If demands of consumers were not met by a producer, then consumers would simply turn away to other producers who can offer them what they need, in the amount needed, and for the price that is desired. This is the reason why the answer above is the correct one.