The statements that describe the ideas that Adam Smith expressed in the wealth of nations are:
- The natural laws of supply and demand
The invisible hand theory is a principle that Adam proposed that Individuals in a society should be left to act in their own best interests because the society would gain from it in the long run.
The natural laws of demand and supply is a function of the invisible hand which is automatically responsible for prices and market distributions in the economy
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1) D Territory
2)A The Boston massacre
3)B
4) C
Answer:
Exploring Maryland's Roots: Library: George Calvert, First Lord Baltimore (c. 1580-1632) George Calvert was the first person to dream of a colony in America where Catholics and Protestants could prosper together. He was born in Yorkshire, England and studied at Trinity College at Oxford
Answer:
Payday loans are akin to loan sharks. They are a cash type of subprime loans.
Explanation:
High interest rates for a demographic that generally pays high interest because of credit ratings, lack of job security, i.e. longevity, and lack of savings. They serve the purpose of getting short term cash loans.
