Smith stated in his theory that the free market economy is Governed by "Invisible hand"
This stands in opposite argument of the free market economy which stated that the free market is governed by supply and demand
hope this helps
<u>Answer:
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It made economic sense to the government to fund the shoemaking course because it did not want the fraternity of shoemakers to get diverted to other professions and create an imbalance in the economy merely due to the influence of mechanization in the shoemaking industry.
<u>Explanation:
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- An imbalance created in any given economy due to the introduction of new and improved technologies can downgrade the economy drastically.
- When the employees lose their jobs, they also lose their capacity to spend on commodities along with that. When a large faction stops spending, it results in an economic slowdown.
- Hence, it is necessary for the government to take necessary measures to avoid any such happenings.
because back before philosophy ever existedpeople would go to myths when they had unanswered questions.
From the story that told in the myth, people analyze the events that happened to the characters in the myth and took some sort of life lesson regarding a certain value/principles.<span />
Answer:
The answer is: This is an example of a mixed methods design.
Explanation:
A mixed methods research design is a methodology that aims to gather and analyze both quantitative and qualitative data in order to comprehend a social phenomenon. It is based on the idea that social problems are too complex to be explain only by a quantitative or a qualitative study. In using both, the researcher can obtain a broader idea of the problem in terms of the larger population, but also, gain depth in the analysis.
Within the quantitative part of the study the research usually uses surveys, and when gathering qualitative data he can use in depth interviews, focus groups or participant observation.