The primary purpose of the Articles of Confederation was to B. establish the basic framework of the national government.
Answer:
The American Prisoners were released in the Year 1973.
Transcript of 1920's v 1950'sCurious as to how the 1920's and
1950's compare in America? Let's take a look and see. First let's start with the commonalities They both started after the end of World Wars The 1920's began after WWI The 1950's began after WWII They were both decades of Economic
Prosperity for the wealthy and Upper
Middle Class Consumer Goods Increased Exponentially Higher Wages Than Ever Before and Less Hours Media Focus on
Advertisements and Entertainment Suburban Shopping Centers Films and Sports flourish Teenage
Rebellions Urban and Suburban Life
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.
