Scottish philosopher who wrote The Wealth of Nations in 1776. Argued that money in and of itself did not constitute wealth wealth but merely its marker. He advocated Laissez-faire economic theory. Adam Smith also said that individuals should freely pursue their own economic interests
The government allowed the money supply to decline.
The collapse of housing prices led to decreased wealth and significant problems in financial markets, as well as a decrease in expected income and a stock market crash.
<u>Answer:</u> The one characteristic shared among all six societies is "Technology".
<u>Explanation:</u>
There are six types of societies considered for study and analysis: Hunting and gathering societies, Pastoral societies, Horticultural societies, Agricultural societies, Industrial societies and Post-industrial societies. Although there are number of characteristics which make them different from each other but the one characteristic shared among all six societies is "Technology".
This synergistic interactivity has taken place since the first appearance of humanity and developed with the invention of simple tools and continues into modern technologies which replaced up to an extent manpower into machine power.
The seven very basic technologies which were common and now categorized for studying are like Agriculture and Bio-Technology, Energy and Power Technology, Construction Technology, Manufacturing Technology, Transportation Technology, Medical Technology, Information and Communication Technology.
Answer:
On March 25, a Saturday afternoon, there were 600 workers at the factory when a fire began in a rag bin. The manager attempted to use the fire hose to extinguish it, but was unsuccessful, as the hose was rotted and its valve was rusted shut.
Explanation:
So one person was using a rag and had wiped up oil with the rag. Without knowing it, there was an electrical wire sticking out of the wall that was poking through one of the holes in the rag bin. When the person threw the rag in the bin, It happened to land in the right spot to be touching the electrical wire. The rag started on fire and spread.
