Answer:
Milton Friedman was an American economist who wrote fundamental works in the fields of macroeconomics, microeconomics, economic history and statistics. In 1976 he received the Alfred Nobel Memorial Award for Economics for his achievements in the field of analysis of consumption, history and the theory of money and for his demonstration of the complexity of the stability policy. Friedman is regarded alongside John Maynard Keynes as the most influential economist of the twentieth century.
Friedman, who considered himself a classic liberal, represented the Chicago School, and emphasized the advantages of a free market and the disadvantages of government intervention. His basic attitude is expressed in his bestseller Capitalism and Freedom (1962). In it he called for the minimization of the role of the state in order to promote political and social freedom. In his television series Free to Choose, Friedman explained the functions of the free market and emphasized in particular that other economic systems could not adequately solve a society's social and political problems.
Answer:
The part of the economy that finances public goods is the Public Finance Sector
Explanation:
He applied his skill in engineering to toughen up the defence
RaShandra’s advancement is an example of <u>intra-generational</u>
mobility.
Explanation:
Intra-generational mobility refers to social movement or development of a person in his/her lifetime. This is totally contrasts to the inter-generational mobility. Intergenerational mobility refers to the social movement that happens in different generations.
It is important for each and every individual to choose their right career. In the above scenario, RaShandra started her career by working in the high-tech factory. She started doing some special courses in her field. She gained lot of experiences in her work and started her own business.
