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Virty [35]
2 years ago
7

How did the ideas of Adam Smith discussed in the wealth of Nations support the free enterprise system?

History
1 answer:
aleksandrvk [35]2 years ago
6 0
He argued that profits flowed from capital investments, and that capital gets directed to where the most profit can be made.
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Where were the critical World War I battles fought?
exis [7]

The critical World War I battles were fought primarily along the trench lines of France and Belgium.

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3 years ago
Write three to five (3-5) sentences about the international, political, and economic effects of
Maslowich

Answer:

How did the Great Depression affect the economy?

How did the Great Depression affect the American economy? In the United States, where the Depression was generally worst, industrial production between 1929 and 1933 fell by nearly 47 percent, gross domestic product (GDP) declined by 30 percent, and unemployment reached more than 20 percent. The Great Depression had devastating effects in countries both rich and poor. Personal income, tax revenue, profits, and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25% and in some countries as high as 33%. The key factor in turning national economic difficulties into worldwide Depression seems to have been a lack of international coordination as most governments and financial institutions turned inwards. ... The Depression caused the United States to retreat further into its post-World War I isolationism.

Explanation:

3 0
3 years ago
Which two of the following ideas related to international relations and security did the Allies support and promote during World
Alja [10]
The answer is, Nations must cooperate to bring about and maintain world peace, and No country must develop or own any sort of nuclear weapons.
5 0
3 years ago
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New Global Connections Unit Test
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3 0
2 years ago
Complete each sentence by matching the factor contributing to industrialization with the effect it created.
MissTica

Answer:

Political stability - allowed the government to support the growth of the industry.

Natural resources- provided the raw materials needed for new products.

Entrepreneurs- took risks in business to bring new products to the market.

Transportation innovations- allowed products and raw materials to be moved more quickly.

Explanation:

Industrialization refers to the industrial revolution during the 18th and 19th century. the revolution paved new ways in the world of development. The availability of raw materials is the major factor that led to the emergence of industrialization. New market plans and development in the field of machine and technology helped the processing of the raw materials in the finished products. Political stability helped in concentrating more on the development and least on the political arrangements. Entrepreneurs started developing ideas for the industrial setup and found new investors who were willing to invest in the production. With the advancements in the machinery, the transportation facility also saw its progression. Transportation facility in return helped in easy movement and export of the finished products.

8 0
3 years ago
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