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
What is a free trade agreement? an agreement that removes trade barriers, such as import tariffs and quotas an agreement that el
Lilit [14]
The first answer is your answer to this question
5 0
3 years ago
Read 2 more answers
Air pollution in US and Canadian cities is caused mostly by
Ket [755]

Answer:

releasing emissions from vehicles and industry

5 0
3 years ago
Read 2 more answers
Stuart is 15 and likes "brain teaser" puzzles and word problems. He thinks about all possible alternatives and tries to eliminat
denis23 [38]

Answer:

This is an example of <u>deductive</u> reasoning.

Explanation:

There are two types of typical reasoning, deductive and inductive. In this case for Stuart, he likes deductive reasoning due to his affiliation for logical solutions. This increase in cognitive work means he very carefully analyzes and interprets problems thus he 'induces.' He requires an initial statement or something known for him to come to a valid conclusion. Deductive is usally based on theory and inductive on observations.

8 0
3 years ago
True or false the central paradox of christianity is the ability to define god completely.
Romashka [77]
True. Yes because every religious boy in Christianity has it own explanation to account of the God and different ideology.
<span />
6 0
3 years ago
HELPPPPPPPPPPPOPPPPOOPPPPPPPPPPP
aliina [53]

Answer:

rfrfrg5yytyurtuffugyd tfn byb ubbycb

3 0
3 years ago
Other questions:
  • A system of beliefs that justifies a particular social arrangement such as slavery is called
    5·1 answer
  • How is the hammurabi code similar to the articles of confederation?
    11·2 answers
  • Between what years did the population of Texas grow most rapidly?
    9·1 answer
  • Approximately how many French and American troops fought at the Battle of Yorktown?
    11·2 answers
  • Raj and Jamie recently started dating. To commemorate their first month as a couple, Raj surprised Jamie when he picked her up a
    12·1 answer
  • After the revolutionary war, Americans created a new plan of
    8·1 answer
  • According to the "Gospel of Wealth" supported by Andrew Carnegie
    9·2 answers
  • What is one con for the panama canal?
    9·1 answer
  • Who were most of the passengers on the st louis
    13·2 answers
  • A star passes through stages of instability and stability. When core hydrogen fusion begins in a pre–main-sequence star, the sta
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!