To recap, self-interest and competition are very important economic forces. Self-interest is the motivator of economic activity. Competition is the regulator of economic activity. Together they form what Adam Smith called the invisible hand, which guides resources to their most valued use.
Answer:
Their timing was good: not only was the Cold War nearly over, but Japan's enormous trade surpluses were becoming a cause of great concern in the United States. For these critics, Japan's success came from its adversarial trade policies and powerful industrial cartels.Economy. Europe was the first of the major world regions to develop a modern economy based on commercial agriculture, industrial development, and the provision of specialized services. ... Europe's economic modernization began with a marked improvement in agricultural output in the 17th century, particularly in England.Japan's Postwar Miracle
The devastated Japanese economy rose quickly from the ashes of World War II. By 1956, real per capita GDP had overtaken the prewar 1940 level. During the recovery period (1945–56), per capita GDP rose at an average annual rate of 7.1%. Recovery was followed by the era of rapid growth era.
Explanation:
The French and Indian War resulted in the <span>Treaty of Paris.</span>
Answer:
D. collecting signatures to put an amendment on the ballot