Describe two roles of government intervention that Adam Smith conceded were necessary in their approach to the economy. (Site 1)

Social Studies

1 answer:

Likurg_2 [28]3 years ago

8 0

Answer:

Adam Smith is considered the founder of modern economics. He stated that the economic is guided by an invisible hand and that governments should interfere less in some areas of the economic to make it more efficient. He specified that government intervention could be best used in these areas.

1) The creation of social security regulations and also provide national defense to protect the society and all citizens from all the violence and invasions or attack forces from other societies. These of course, is what every society from every country would like to have.

2) The government should establish an exact administration of justice in the context of order and law. These refers to have a court system to apply the right justice for all citizens of a society in an equal manner.

You might be interested in

What geological process generates the world's longest undersea mountain chain called the Mid-Atlantic Ridge?

sesenic [268]

Answer:

its C bro i've taken this course and got an 97 on it

5 0

3 years ago

HELP PLEASE! O=. “Every Bill which shall have passed the House of Representatives and the Senate, shall, before it become a Law,

pickupchik [31]

If he approves the bill, he shall sign it. But if he does not return it with his objections to the House in which it shall have originated, the Congress shall enter the objections at large on their journal, and proceed to reconsider it. Congress just needs about two-thirds of the majority of the House to pass the bill or create the law without the president's approval.

3 0

3 years ago

The 1896 supreme court ruling of plessy v. ferguson reinforced an already established american policy of _____.

expeople1 [14]

The 1896 supreme court ruling of plessy v. ferguson reinforced an already established American policy of separate but equal, which was just being racist insofar that it segregated African American people.

5 0

3 years ago

Cognados (estados unidos) select sí or no to indicate which cognates you hear in the panorama cultural video. video agosto sí no

Assoli18 [71]

Cognates are words that are similar in other languages and they are divided into true cognates and false cognates. The true cognates are the ones which have the same meaning in the two languages and the false are written similar in both languages but have different meanings. In the panorama cultural video, all the words which are similar in pronunciation and written are cognates no matter if they are true or false.

4 0

3 years ago

Read 2 more answers

A universal motor uses brushes made of a. steel. b. brass. c. copper. d. carbon.

Anni [7]

The answer is D. A universal motor uses brushes made out of carbon. The softness of the carbon allows easy direct radial contact with the communicator without any damage. It also allows easy reversal of rotor direction. A carbon brush has a flexible copper jumper lead attached.

4 0

3 years ago

Read 2 more answers