Adam smith’s principles of economics were modified in 1803 by Jean-Baptiste Say, a French businessman, who wrote a treatise on political economy.
<h3 /><h3>What is economics?</h3>
The investigation of shortage and how it influences resource utilization, service and product productivity, income changes, and wellbeing through time is called Economics.
There are mainly three types of economic system which includes capitalism, socialism, and mixed economic system depending on various countries.
Jean-Baptiste Say, a French entrepreneur who published a book on politics and economics, modified Adam Smith's economic principles, which include the laws of self-interest, competitiveness, and both supply and demand, in 1803.
Learn more about Jean-Baptiste Say, here:
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The answer is Except their water.
Amazon Rain forest is rich in Oil, Medicinal Plants, and it create about 20 % of world's oxygen, but people around the world doesn't rely on their water so much
I believe it is the president that has the power to pass it or reject it.
<span>how brain chemistry relates to depression</span>
Answer:
The correct answer would be, Institutional Discrimination.
Explanation:
When a person or individual is mistreated or discriminated by the society or its institution, through intentional or unintentional bias, and making a conscious choice of mistreating or discriminating the individual or the group of individual is called as the Institutional Discrimination.
Examples of Institutional Discrimination would be Unfair Home Mortgages, Car Loan Practices, Racial Profiling and Continued Segregation of Schools.
Above mentioned facilities are provided to only a specific class of society, and thus discriminating other classes by the society or its institutions.
