Answer:
B. prices would do a better job of coordinating the activities of buyers and sellers than markets could.
Explanation:
In 1776, the Scottish economist and philosopher also known as the father of economics, suggested that price was better left to produce better market results than the intervention of guilds.
He was of the opinion that price control and regulations by guilds were disruptions to market play and would not be as efficient as allowing price be determined by the market(buyers and sellers). Adam was a pioneer of the free market economic theory.
Answer:
Archduke Ferdinand traveled to Sarajevo in June 1914 to inspect the imperial armed forces in Bosnia and Herzegovina, annexed by Austria-Hungary in 1908.
The statement that could be an example for the direction labeled "O" is the second one: B.
A Financial Market is a term that describes any marketplace that trades securities, bonds, currencies and derivatives. Some of those Financial Markets are really small and have very little activity, like in the case of the father lending money to a neighbor, which seems to be an isolated case. Others, like the New York Stock Exchange, are pretty big and deal with millions of dollars daily.
