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: See explanation
Explanation:
A credit union is simply referred to as a financial institution that is created for the common interest of a particular group of people e.g workers in a company.
The members of the credit union are it's shareholders, depositors, and borrowers. Its features are that it's not for profit basis, it is subjected to lower taxes when compared to other financial institution. Its main aim is to meeting the needs of the members.
Answer:
D
Explanation:
China strict one child policy causes preference of boys as they can take over their father
1. Endangered species conservation
The problem: Southeast Asia sits almost entirely in the tropics, and as such, is covered in rich, dense, biologically diverse jungle. As a result of a wide number of factors — from poaching to deforestation — many native species are endangered.
2. Air pollution
The problem: Air pollution is a global problem, but Southeast Asia does have among the worst air pollution in the world, only behind East Asia and Indiasrc. The region is prone to relatively frequent “hazes,” which are the result of widespread fires. These fires are generally started intentionally by either small-scale farmers or companies trying to clear land of trees so they can exploit it the following year.
3. Destruction of coral reefs
The problem: Southeast Asia is known for its incredible coral reefs, and, subsequently, its incredible diving. The area known as the “Coral Triangle” — mostly centered on the islands of Oceania — is the most biologically diverse marine environment in the worldsrc. Unfortunately, the reefs of Southeast Asia have been seriously degraded over the past several decades.
This is the result of several factors: First, the ocean absorbs about a quarter of all the carbon dioxide we put into the atmosphere each yearsrc. While this actually helps reduce the effects of global warming temporarily, it also means that more of that carbon is going to be converted into carbonic acid, increasing the ocean’s acidity level over time. This acidification fundamentally weakens coral reefs, making them more prone to disease, and less likely to recover from disturbances.
The second factor is overfishing. Not only does the widespread removal of fish species harm the coral reef ecosystem, but many of the methods used to catch the fish harm the system itself, such as blast fishing (the use of dynamite), and cyanide fishing (using sodium cyanide to stun the fish and capture them for personal aquariums).
A third factor is actually dive tourism. When divers visit coral reefs, they’ll often interfere with the ecosystem in a way that can damage it — whether by walking on the reefs or taking specimens home for themselves.
4. Deforestation
The problem: As cities and populations grow, more land area is needed. Often, this area is created out of forests. In Southeast Asia specifically, given its position in the tropics, much of the forest that’s destroyed is rainforest, one of the most biologically diverse ecosystems on the planet. Rainforests are not only home to more than half of the world’s plant and animal speciessrc, but they also provide over a quarter of our natural medicinessrc, and they absorb over a quarter of our planet’s carbon dioxidesrc.
So naturally, the effects of deforestation of rainforests can be catastrophic — not only does it destroy plant and animal habitats, but it also accelerates climate change and potentially deprives us of undiscovered life-saving medicines.
5. Water security
The problem: The world as a whole may well be close to reaching “peak water,” the point where we start consuming fresh water faster than it can be replenished.
6. Increased urbanization
The problem: Southeast Asia is not immune to the global shift away from rural living and towards city living, and this shift carries a good number of potential environmental consequences, especially if it’s not guided by smart and sustainable policies. Urbanization can result in overcrowding, pollution, poor sanitation, and political instability — which in turn could lead to violent conflict, which is never good for the environment. Additionally, if cities are planned poorly, massive urban sprawl is often the result, which in Southeast Asia would bring about more deforestation, habitat destruction, and carbon emissions.
Science was used as proof that colonization was a right of stronger nations because they possess the scholars who have knowledge in the study.
<h3>What is
Science?</h3>
Science refers to the knowledge or study branch that deals with body of facts which are systematically arranged.
The assertion that science are used as proof are evident during the Ancient Rome, Roman Empire, Ancient Egypt etc because there knowledge in science made the stronger.
In conclusion, the Science was used as proof that colonization was a right of stronger nations because they possess the scholars who have knowledge in the study.
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