Answer:
C. producers work together to increase prices
Explanation:
The concept of the invisible hand in economics was introduced by the classical economist Adam Smith, who is considered the father of economic liberalism. According to Smith, men have a natural selfish tendency and will seek to satisfy their own needs through trade in goods and services. Thus a positive effect of each man's selfish and individual attitudes will be felt in the economy. When everyone seeks their benefits, the wheel of economics spins. This is what Smith calls the invisible hand.
Consumers will demand goods and services according to their needs. Business owners, seeking to increase their wealth, will provide consumers with the most desired products. Consumers are rational and tend to buy goods from those they provide at a lower price.
Thus competition is a central element by which Smith justifies the invisible hand. The act of union of producers is considered a cartel, something contrary to the mechanisms of competition and therefore does not fit the metaphor of the invisible hand.
The three methods of presidential election discussed by the farmers is :
1) Popular Votes
2) Congress
3) Electoral Votes
Answer:
She is the first woman vice president, the first black vice president,and the first Asian american vice president in America's history.
Explanation:
Throughout America, the number of participants in choirs has increased where more than 42.6 million individuals (both adults and children combined) are now considered to be part of some choral group.
There are more than 270,000 choral groups all across America (in 2009, as per the study). This participation is far more than any other performing arts.
1 in 6 Americans (above 18) sings in a chorus.
In 2009, the percentage has increased from 14% to 17%.
This information is taken from The Chorus Impact Study of 2009 which can be referred to for further details on Choral Singing and its impact on American life.
The study also examines the effect of choral singing on children and their development along with many other social aspects.
brainly.com/question/17640146
Answer:
A lot of people invested in the stock market in the 1920s because they could buy stocks 'on the margin', and hence, required little initial capital. ... This easy access to borrowing, fueled a growth in stock market investment, which eventually created a bubble and completely collapsed.
Explanation:
