The correct answer is: " Supply and demand regulate business"
According to the central thesis of The Wealth of Nations, the key to social welfare lies in economic growth, which is enhanced through the division of labor and free competition. According to this thesis, the division of labor, in turn, deepens as the extension of the markets and therefore specialization expand. For his part, Adam Smith considers free competition as the most ideal means of economics, stating that the contradictions engendered by the laws of the market would be corrected by what he called the "invisible hand" of the system.
In The Wealth of Nations, Smith assumes, in general, that the demand is relatively fixed in the short and medium term (depending ultimately on the number of people), and that, consequently, it is only the offer that makes the price go up or down
Answer:
hope it helps...
Explanation:
There is a key distinction. An atheist doesn't believe in a god or divine being. ... However, an agnostic neither believes nor disbelieves in a god or religious doctrine. Agnostics assert that it's impossible for human beings to know anything about how the universe was created and whether or not divine beings exist.
Answer:
The Great Leap Forward
Explanation:
Mao Zedong was the chairman of Communist Party of china (CPC) since its establishment in 1949 until 1976.
It was five year plan 1958-62 to industrialise china in the shortest amount of time and was aimed at producing mass amount of steel and grain. It was started in 1958 by Mao Zedong but the plan failed to industrialise the Chinese economy and thousand of Chinese were killed.
Commune was at the centre of the plan, a commune was combination of smaller farm collectives and had 4000-5000 households.
Answer:
The Europeans developed in the mathematics. arts. literature and astronomy
Explanation:
your answer is gonna be A