Adam Smith, he was the first to write on the concept of a free market economy, the basis of Capitalism.
Answer:
The age of exploration fostered the ideology and policies practiced by Western European countries of extending their rules over foreign nations using violence and military intervention to gain political and economic control over the foreign nations' resources which became normal worldwide.
Western empires have usually pretended to advocate for democracy, freedom and/or equality but cynically contradicting themselves by depriving their colonized peoples from those, overthrowing their governments and setting up instead <em>puppet leaders</em> easily manipuated by the empire.
They basically pronounce rules for others but they do not have the intend to follow themselves
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Answer:
D. the most desirable alternative given up as the result of a decision
Explanation:
Opportunity cost is the cost that that will be incurred as a result picking the desirable alternative out of the best possible alternatives.