Adam Smith is considered to be the key figure of the Scottish Enlightenment, economist, philosopher and author, the pioneer of political econony, laid the foundations of the free market economic theory, also known as the "Father of Economy". One of his most famous works is "Wealth of Nations". The key ideas of this work are the economic free market program, where everyone has the opportunity based on the division of labor, the achievement of wealth and prosperity growth. Also, the key ideas were to minimize the role of government intervention and taxation on free markets, as well as the idea of an invisible hand that leads supply and demand. It can be said that Smith laid the foundations of a modern economy.
The answer is: C.
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Yea
They prevented people from leaving China because the desert were so hard to cross.(ANSWER D) Gobi desert was dangerous and dry, water available was little since oasis were rare. The Taklamakan desert has strorms with whip up frequency The day boils hot while the night freeze cold .In addition it has poisonous snake.
Answer:
The costs of passing a bill that prohibits child labor is precisely that all the labor that children could have provided for the economy is forgone. So in pure economic terms, there is a loss of value, a sunk cost.
However, the benefit is both economic, and social. The economic benefit is that children will instead go to school, and educate themselves to become more productive workers in the future. And the social benefit is a fairer society, and wealthier too.
