Answer:
Pareto efficiency, or Pareto optimality, is an economic state where resources cannot be reallocated to make one individual better off without making at least one individual worse off. Pareto efficiency implies that resources are allocated in the most economically efficient manner, but does not imply equality or fairness. An economy is said to be in a Pareto optimum state when no economic changes can make one individual better off without making at least one other individual worse off.
Pareto efficiency, named after the Italian economist and political scientist Vilfredo Pareto (1848-1923), is a major pillar of welfare economics. Neoclassical economics, alongside the theoretical construct of perfect competition, is used as a benchmark to judge the efficiency of real markets—though neither perfectly efficient nor perfectly competitive markets occur outside of economic theory.
Answer:
Explanation:
"Natural Law" is a name used to refer to one or more of the following beliefs: All individuals are entitled at birth to certain "natural rights" that guarantee their personal safety and property. All human beings are endowed with reason so they are able to distinguish right from wrong.
<span>The most important feature of Hebrew poetry is parallelism. </span>
Answer:
negative effects are:
Explanation:
The main negative is that laissez faire allows firms to do bad things to their workers and (if they can get away with it) to the their customers. In a true laissez faire system, workers might not be protected from unsafe workplaces. Firms might sell products that were not sufficiently safe.
I would go with: Andrew Jackson attacked and captured Spanish forts, claiming for the U.S. Monroe signed a treaty with the Spanish which gave Florida to the U.S.
That's seems about right to me ^
~Happy New Years or Eve~
(:
