The answer in this scenario is regulation (Answer B).
Education results in a more skilled and productive work force, technological advancement improves efficiency and therefore productivity, and trade promotes increases in productivity.
Regulation, while necessary in many industries, is a form of restriction. This often means it drives up the cost in providing goods and services which dampens productivity. It's important to note that regulation is a very important tool to protect certain aspects or parties within an industry. For example, regulation is often in place to limit the maximum price that consumers (like you) can be charged for essential services like energy, water and sewerage.
<u><em>Oneness, Purity, Parenting, and Love.</em></u>
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Adam Smith theories promote individualism in the sense that they state that, when each economic agent (households, business, or public entities) pursue their own interests selfishly, the outcomes generated by their economic activities will optimize the social welfare.
The incentives behind working for the own profit are much higher, and make individuals more productive and more sensitive to mistakes, therefore they are keen on improving their practices constantly. In turn, the incentives of working for the common interest are more vague, and such situations lead to sharp productivity declines. It is more likely that societies with greater productivity are able to produce efficiently enough goods and services to cover the needs of all its citizens. Therefore those societies end up maximizing the social welfare. These are the main arguments which support the invisible hand principle coined by Adam Smith.
Answer:
I think it's 2. to persuade more people to move to the area because of its interesting history.
Explanation:
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