In his most famous work, Wealth of Nations, Adam Smith discusses how the economy benefits tremendously when individuals focusing on self interest rather than the general interest of society.
The idea of self-interest revolves around an individual making a decision based on what is best for them on an individual basis. Smith argues that this is the most beneficial method because individuals would focus on making as many goods as possible to sell. This would benefit society as a whole, as there would be enough resources for everyone
. Along with this, focusing on your own financial gain will inadvertently help everyone. In order to have a successful business, you must keep your prices competitive. These competitive prices allow the business owner to have success while also giving the best deal to the consumer.
a meeting between European officials in which the distribution of Africa to European control was decided. sought to bring an end to scramble for africa. it was convened by king leopold II of belgium
"The Scopes Trial<span>, formally known as </span>The State of Tennessee v. John Thomas Scopes<span> and commonly referred to as the </span>Scopes Monkey Trial<span>, was an American legal case in July 1925 in which a substitute high school teacher, </span>John T. Scopes<span>, was accused of violating </span>Tennessee<span>'s </span>Butler Act<span>, which had made it unlawful to teach </span>human evolution<span> in any state-funded school." wikipedia</span>
Poverty has been more common in rural areas and small towns, in comparison of cities. Poverty towns and counties are located in the coastal plains and highlands of the South. In those places live minority population with low-income rates like Black, Hispanic and Native American people.
The areas of high poverty black people are associated with low-income from the head of the family, the impossibility of getting a year-around full- time job and low o non-education opportunities. The counties where most of these people live are located in Alabama, Louisiana, Mississippi, and Arkansas.
In the case of Hispanic people, there are numerous areas in Texas, New Mexico, and Colorado. These areas does not show the worst grade in poverty, compared to Blacks or Native American Indians.
People who live in Alaska -the Eskimos-have the highest overall poverty rate with 50%. This due to the extreme weather conditions of the region, limited work availability and low-paid jobs.