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To train a horse in the Mongol Empire, the rider would first get on the horse and let it run till it tires out.
<h3>Why were horses so important to the Mongols?</h3>
The Mongols believed that horses were sacred and so cared for them as best they could.
The way the horse was trained was that a rider would get on the horse and allow the horse to run until it got tired. They will then train the horse to get used to the commands of the reins.
Find out more on Mongols and their horses at brainly.com/question/12298570.
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The person who has been known up until today as the "father of modern economics" is Adam Smith. A thinker and philosopher from Scotland, born in 1723 and died in 1790, Adam Smith was given this important title because of his ideas and theories on laissez-fair and the tendency of free markets to regulate themselves by way of competition, supply, demand and self-interest. He wrote several books where he proposed his economic ideas, among which we have: The Theory of Moral Sentiments, where he expresses this ideal of a hidden hand, which means the capacity of markets to autoregulate and An Inquiry into the Nature and Causes of the Wealth of Nations. He was also the proponent of the theory of compensating wage differentials, which states that jobs that are riskier pay much better wages to workers because of the risk they represent, versus jobs that offer little to no risk. He is also known as the father of Capitalism.
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