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In his most famous work, Wealth of Nations, Adam Smith discusses how the economy benefits tremendously when individuals focusing on self interest rather than the general interest of society.
The idea of self-interest revolves around an individual making a decision based on what is best for them on an individual basis. Smith argues that this is the most beneficial method because individuals would focus on making as many goods as possible to sell. This would benefit society as a whole, as there would be enough resources for everyone
. Along with this, focusing on your own financial gain will inadvertently help everyone. In order to have a successful business, you must keep your prices competitive. These competitive prices allow the business owner to have success while also giving the best deal to the consumer.
Answer: all of the above
Most times in history the answer is all of the above.But they all applied to the effects of the homestead act .
Totalitarian/fascist leaders came to power in these countries before the World War II which lasted from <span>Sep 1, 1939 – Sep 2, 1945. The specific leaders of this group were known as Adolf Hitler, Benito Mussolini, and Joseph Stalin. Leaders like Hitler were one of the main causes of the war as well.
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- Dotz</span>
