Answer:
C. producers work together to increase prices
Explanation:
The concept of the invisible hand in economics was introduced by the classical economist Adam Smith, who is considered the father of economic liberalism. According to Smith, men have a natural selfish tendency and will seek to satisfy their own needs through trade in goods and services. Thus a positive effect of each man's selfish and individual attitudes will be felt in the economy. When everyone seeks their benefits, the wheel of economics spins. This is what Smith calls the invisible hand.
Consumers will demand goods and services according to their needs. Business owners, seeking to increase their wealth, will provide consumers with the most desired products. Consumers are rational and tend to buy goods from those they provide at a lower price.
Thus competition is a central element by which Smith justifies the invisible hand. The act of union of producers is considered a cartel, something contrary to the mechanisms of competition and therefore does not fit the metaphor of the invisible hand.
The Sphinx, hope this helps ❤
Answer:
The city-states changed in 2000 BCE as they became weak and easy to conquer by outsiders.
Explanation:
A city-state controlled its towns and villages, but city-states fought with one another over resources and territory.
Around 2000 BCE, the region became weak due to conflict, which made it easy to conquer by others. The change implemented regarding the economy and government after the capture. People were allowed to work, trade and do businesses along with paying taxes. The rulers of the city-states became more powerful, began to exercise their authority over others, and established dynasties.
Answer:
Option B. In Humid subtropical Native Americans lived
Explanation:
Subtropical Humid climate is found along the Atlantic coast and it extends up to the Gulf of Mexico.
The summers are too penetrating and sultry and the winters are too cold or mild in regions of Subtropical Humid climate. The day light is immense in summers whereas the winters are too cold in which the temperature may reach up to a single digit and sometimes lower than the freezing point.
Such a climate is found mostly in coastal regions of south east America. In such region the level of precipitation or humidity in the climate is high.
It should be noted that the material used to create the plaque best reflects how Trade networks continued to flourish and gave Europeans direct access to precious luxury goods in the Indian Ocean region in the period 1450-1750.
According to this question, we are to discuss about material used to create the plaque in the Indian Ocean region in the period 1450-1750.
- As a result of this we can see this we can see that this material reflect how the network of trade bring about great economy and access to luxury by Europeans.
Therefore, material used to create the plaque best reflects Trade networks continued to flourish and gave Europeans direct access to precious luxury goods.
Learn more about Indian Ocean region at;
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