Adam Smith theories promote individualism in the sense that they state that, when each economic agent (households, business, or public entities) pursue their own interests selfishly, the outcomes generated by their economic activities will optimize the social welfare.
The incentives behind working for the own profit are much higher, and make individuals more productive and more sensitive to mistakes, therefore they are keen on improving their practices constantly. In turn, the incentives of working for the common interest are more vague, and such situations lead to sharp productivity declines. It is more likely that societies with greater productivity are able to produce efficiently enough goods and services to cover the needs of all its citizens. Therefore those societies end up maximizing the social welfare. These are the main arguments which support the invisible hand principle coined by Adam Smith.
You have to put reasons why people fought in the civil war. it was north vs south in the civil war.
2. southerners were pro-slavery and fought to legalize slavery all over the u.s. and gain power over the north
Answer:
The sampling technique used in this case is a probability sampling because the researcher selects a random members of a population by setting a few selection criteria, in this case, people who have adopted children from outside the United States. These selection "rules" or parameters allow every member to have the equal opportunities to be a part of various samples as it seems to be the objective of the researcher because he asked them to exchange their contact information.
Answer:
The purpose of the aqueducts built by the ancient Roman civilization was to bring water to the city and other places. The aqueducts proved to be very vital to Rome's growth because without water they will be without growth.
