1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Art [367]
3 years ago
11

Describe the view of laissez-faire economists (a) Adam Smith, (b) Thomas Malthus, (c) David Ricardo.

Social Studies
1 answer:
Maurinko [17]3 years ago
8 0

Answer:

(a) Adam Smith - Believed that that in a capitalist, free-market system, all economic agents are coordinated under "the invisible hand", and this results in the benefit of all of them.

(b) Thomas Malthus - Believed that while increased food production rose standards of living, the effect was only temporary, because the same rise in food supply lead to a rise in population growth, and there would a time when there would be too many people to be fed. (the Malthusian Catastrophe).

(c) David Ricardo - He opposed mercantilism, and argued instead that unrestrained free trade benefited every nations. This is because of the concept of comparative advantage: under a free trade systems, nations would specialize in those industries they do best, and import anything that they do not produce.

You might be interested in
Based on this map, most international programs to expand access to safe drinking water would be expected to target countries in
lions [1.4K]
DO you like chicken?
5 0
3 years ago
Read 2 more answers
Who was the first 5th president of the united states ?
Setler79 [48]

James Monroe is the answer

7 0
3 years ago
Read 2 more answers
During what phase of the business cycle would the government lower taxes?
Alona [7]

Answer:

The coronavirus epidemic should slow buisness as of right now. Hope this helped

Explanation:

5 0
4 years ago
I
lord [1]

Answer:

A trade association is the kind of international organization that would most benefit this nation.

Explanation:

Small nations generally do not have large economic output or global supremacy in the production of any specific or specific service. Therefore, its presence and importance in world markets is not so important, and in case it needs to compete with larger nations, it cannot do it by its own means because it does not have the necessary economic volume to affirm its presence in the market.

Therefore, to help these nations stabilize economically and commercially, the largest and most dominant nations often enter into trade agreements with them to help them progress.

8 0
3 years ago
According to Carl Rogers, when individuals experience Incongruence between their sense of Self and an actual experience, they of
Karolina [17]
<h2>A. Repression and Sublimation </h2><h2>B. Denial and Distortion </h2><h2>C. Splitting and Denial </h2><h2>D. Denial and Deactivation </h2><h2>E. Sublimation and Intellectualization</h2>
8 0
3 years ago
Other questions:
  • The Earth is divided into four interacting spheres, which are sometimes referred to as an ecosphere. Explain each sphere and the
    10·1 answer
  • What was one way Japanese Americans resisted internment?
    11·1 answer
  • Alexander the Great was a legendary ruler. What were some of the myths that rose around his fame?
    10·2 answers
  • On the world map above, which hemisphere is highlighted?
    10·2 answers
  • Once the supreme court has made a decision,it is final<br> 1)true <br> 2)FALSE
    5·2 answers
  • According to the classical dichotomy, which of these magnitudes is affected by monetary policy?
    7·1 answer
  • What role did the Europeans play in the American Revolution?
    12·1 answer
  • What is key to creating an energetic presidency? a. Creating a plural executive so power will be shared among different individu
    10·1 answer
  • Why is Africa called Dark continent give shirt answer please​
    11·1 answer
  • What may be the roles of students to control the corruption? write.​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!