The correct answer is the last item: these countries have transitioned to democracy, and the United States has decreased aid to them.
Although the Cold War was mostly between the United States and Soviet Union in European, the Latin America’s Cold War experience is also well known. During the cold war, the United States provided funds for a lot of millitary movement in latin american countries to stop communist infuences in that region. After the fall of Soviet Union, the United States stopped providing aid to these countries.
The agrarian revolution saw the rise of many New technology for the agricultural practices such as machineries and improved methods. This greatly improved the yields of agricultural produce in many countries where higher productivity can be achieved with lower manpower needs. Hence the needs for jobs and the increased agricultural produce led to the rise of industrial manufacturing and processing to process the agricultural produce for exports or domestic usage within the country, thus leading to the rise in industrial revolution
The French and Indians fought together against Britain. It may be confusing because it was not the French versus the Indians.
The correct answer would be option C, Self Interest. Economist assume that an individual acts as if motivated by Self Interest.
Explanation:
The concept of motivation by self interest is given by Mr Adam Smith. He was the great economist and the philosopher. He belonged to Scotland and is considered as the pioneer of the Political economy. He is also remembered or known as the Father of Economics.
According to Adam and some more economists, an individual acts if he is motivated by self interest. It means that if someone has some personal interest in anything, he is more likely to be motivated for achieving that. According to economists, this motivation is necessary as it builds competition and acts as an important economic Force. The regulator of economic activity is Competition, and the competition is best achieved when a person is fully motivated, and a person is fully motivated when he has some personal interest in that task.
When people have their own interests and want to make money, they try to make the society or economy better as a whole.
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