Conservation should be given to smaller units to protect them from competition and provide more employment opportunities. Bigger firms should not be given protection.
<u>Explanation:</u>
The conservation which is important for the economy is the conservation given to the industries and the manufacturing units which are at smaller level to give employment opportunities to the people of the economy and protect them from competition.
But the conservation and protection to bigger firms should not be given, these should be exposed to competition so that they work in more efficient way and provide more choices to the people in the market.
"The Doctrine of Chances" is a theory that was proposed by Alfred Russell Wallace that related to the theory of natura selection of Darwinists. This doctrine is what we now consider "statistics." Wallace's idea was to use this doctrine of chances and averages in order to study population genetics.
<span>Some colonies could not prosper because their geography limited their economic options. </span>
