Answer: Adam Smith described the opposing, but complementary forces of self-interest and competition as the invisible hand. While producers and consumers are not acting with the intent of serving the needs of others or society, they do. Smith argued against mercantilism and was a major proponent of laissez-faire economic policies. In his first book, "The Theory of Moral Sentiments," Smith proposed the idea of an invisible hand—the tendency of free markets to regulate themselves by means of competition, supply and demand, and self-interest. 1
Explanation:
Laissez-faire or free enterprise system is the principle wherein the government has little or minimal interference in the nation's economy.
This principle allowed more people to open, specialize, and industrialize their business efforts. This practice boosted the economy making more profit not only for the business people but for the nation as a whole.
It also benefited consumers because they were able to have more choices in terms of basic and luxury products.
Answer:
d they wanted to share their culture
The government of Italy declared war against Germany and joined the Allied powers in October of 1943.
Answer:
A) There was a tie between Jefferson and Burr
Explanation:
They had the same amount of votes so Congress elected Thomas Jefferson for president. Technically B would be right but minus congress, Jefferson and Burr did tie
