Answer: Adam Smith described the opposing, but complementary forces of self-interest and competition as the invisible hand. While producers and consumers are not acting with the intent of serving the needs of others or society, they do. Smith argued against mercantilism and was a major proponent of laissez-faire economic policies. In his first book, "The Theory of Moral Sentiments," Smith proposed the idea of an invisible hand—the tendency of free markets to regulate themselves by means of competition, supply and demand, and self-interest. 1
Explanation:
Answer:
The two ways include:
1. The Bipartisan Campaign Reform Act (BCRA) regulates donation limits for PACs.
2. The National Rifle Association pays lobbyists to promote its interests.
Explanation:
The above given statements are the answers to the questions asked above regarding to the influence of groups in a given political life of a country.
Answer:
The British warship Leopard fired on the US ship Chesapeake which killed 3 Americans
There were four major consequences of Second World War on India and they included high inflation which was on account of war expenditure, the value of Indian currency took a nose dive, economic imbalances due to currencies exchange problems and the development of exchange control. Lmk if this helps :)
