1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spin [16.1K]
3 years ago
10

Which of the following characterizes the economic system favored by Adam Smith? Profit is not the main goal of business. Mercant

ilism creates a favorable balance of trade. Supply and demand regulate business. The government intervenes in the economy when needed.
History
2 answers:
Damm [24]3 years ago
5 0

The correct answer is: " Supply and demand regulate business"

According to the central thesis of The Wealth of Nations, the key to social welfare lies in economic growth, which is enhanced through the division of labor and free competition. According to this thesis, the division of labor, in turn, deepens as the extension of the markets and therefore specialization expand. For his part, Adam Smith considers free competition as the most ideal means of economics, stating that the contradictions engendered by the laws of the market would be corrected by what he called the "invisible hand" of the system.

In The Wealth of Nations, Smith assumes, in general, that the demand is relatively fixed in the short and medium term (depending ultimately on the number of people), and that, consequently, it is only the offer that makes the price go up or down

Alika [10]3 years ago
3 0

Answer:

choice number 3

Explanation:

You might be interested in
Why would President Ford get rid Executive Order 9066 in 1976?
MatroZZZ [7]

the answer is c that's what i got on my test

3 0
3 years ago
Read 2 more answers
Japan resigned from the league of nations after the league objected to japanese aggression in what country
disa [49]

Correct answer:  CHINA

Context/details:

In 1931, Japan invaded and occupied Manchuria, the northeaster region of China.  The invasion followed an explosion that blew up a portion of railroad tracks near the city of Mukden.  (Thus it became known as "The Mukden Incident.")  The railway was owned by the Japanese, who had invested in development in the region.  Japan blamed Chinese nationalists for the explosion, but others thought the bombing may have been done by Japanese military personnel to provide Japan with an excuse for invading and occupying Manchurian territory.  The Japanese declared the region to be a new country, independent of China. which the Japanese called Manchuko.  In reality, the territory was not independent but was controlled by the occupying Japanese army.

At a meeting of the League of Nations in February, 1933, the League voted on a report that officially laid blame for events in Manchuria on Japan.  The report said that Japan should withdraw its troops from Manchuria and restore the country to the governing authority of China.  When the vote was taken regarding the report, on February 24, 1933, every nation represented in the League voted in approval except for Japan.  After the 42 to 1 vote, the leader of Japan's delegation at the League, Yosuke Matsuoka, said:  "The Japanese government is obliged to feel that they have now reached the limit of their endeavors to co-operate with the league regarding Chinese-Japanese differences.  It is a source of profound regret and disappointment to the Japanese government that the draft report has now been adopted by this assembly.  ... Japan finds it impossible to accept the report adopted by the assembly, and she has taken pains to point out that the recommendations in the report cannot be considered such as would secure peace in that part of the world."

Japan officially withdrew from the League of Nations on that day.  In leaving the assembly hall, Matsuoka said, "This means the withdrawal of our delegation from the League.  We are not coming back."  (Reported by United Press International, February 24, 1933.)

3 0
3 years ago
An important component of conducting research on the cost of a college education is
Vladimir [108]

According to e2020 it was

C. evaluating sources.

5 0
3 years ago
Read 2 more answers
What is one thing that an indirect initiative does in government
Mashutka [201]

The ballot initiative process gives California citizens a way to propose laws and constitutional amendments without the support of the Governor or the Legislature.

4 0
3 years ago
Where does the northern portion of the Panama Canal begin?
aleksandrvk [35]
The right answer is A) Gulf of Panama :)
5 0
3 years ago
Other questions:
  • Ho Chi Minh compared his military to a(n)
    5·2 answers
  • Pre columbian american indian groups lived in america
    12·2 answers
  • Why do you think the requirements fot serving in the Senate are stricter than those for serving in the House or Representatives?
    12·1 answer
  • Why was it challenging for election organizers to determine who had the right to vote on the kansas referendum about slavery?
    11·1 answer
  • Where did the USSR have a direct influence in spreading communism?
    10·1 answer
  • Which of these men was most closely related to the search for communists in the federal government in the 1950s
    15·1 answer
  • How do Greek advancements in math still affect today’s world?
    8·1 answer
  • Who were minutemen and why did they have this name?
    11·1 answer
  • Why does Truman think the Taft Hartley act would harm American laborers and employers
    11·1 answer
  • What do you think Paine meant by the summer soldier" and the "sunshine patriot?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!