The person who has been known up until today as the "father of modern economics" is Adam Smith. A thinker and philosopher from Scotland, born in 1723 and died in 1790, Adam Smith was given this important title because of his ideas and theories on laissez-fair and the tendency of free markets to regulate themselves by way of competition, supply, demand and self-interest. He wrote several books where he proposed his economic ideas, among which we have: The Theory of Moral Sentiments, where he expresses this ideal of a hidden hand, which means the capacity of markets to autoregulate and An Inquiry into the Nature and Causes of the Wealth of Nations. He was also the proponent of the theory of compensating wage differentials, which states that jobs that are riskier pay much better wages to workers because of the risk they represent, versus jobs that offer little to no risk. He is also known as the father of Capitalism.
The cause of the French Revolution was conflict between the Monarchy and the the reform of the tax system which led to and bankruptcy.
So the best suited answer is :
<span>a) Conflict between the people and the French monarchy sparked revolution.</span>
Answer: Terrible
Explanation:
He was a monopoly he didn't care about works Oly the profit
(Monopoly- big business that controls the entire market)
The correct options is A
Commonly, two New Deals are distinguished. A first, particularly marked by the "One Hundred Days of Roosevelt" in 1933, which aimed at an improvement of the situation in the short term. You can find, then, bank reform laws, urgent social assistance programs, work aid programs, or even agricultural programs. The Government made important investments and allowed access to financial resources through the various government agencies. The economic results were moderate, but the situation improved. The "Second New Deal" was extended between 1935 and 1938, putting forward a new distribution of resources and power on a broader scale, with trade union protection laws, the Social Security Act, as well as aid programs for farmers. and street workers.
I think forgin I’m really not sure