The term 'invisible hand' was first used by Adam Smith in the 18th century to describe the efficiency in the autoregulation of free markets, where free means not externaly intervened by governments. Intervention distorts markets and harms the efficiency of their functioning.
The main principle behind is that, when individuals pursue their "private" efforts they are generating larger wealth for society as a whole than if their first intention was to help society. The markets will be in charge of channelizing individuals interests into socialy desirable outcomes.
In logic, an entailment is the relationship between sentences whereby one sentence will be true if all the others are also true. Want a less-dry-sounding, real-life example? How about this: Being a good student, for instance, is an entailment of attending classes, learning the material, and keeping up with assignments. An old-fashioned definition of entailment is a set of limitations that restrict the ways property can be bequeathed to heirs.
What whisper made Thor unworthy? Unworthy Thor revealed that Nick Fury, in the “Original Sin” storyline, whispered to Thor that Gorr, the God Butcher, was right when he said that all gods are unworthy or mortal admiration, which made Thor realize his own unworthiness.
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Answer:
The answer is compensating wage differentials.
Explanation:
The term refers to an extra amount of money that should be offered to a worker in order to perform a difficult, dangerous or undisirable job. On the other hand, it's also possible to offer a <u>negative</u> differential for jobs that may be desirable or easy to perform (they get paid less).
Some factors to consider are risk of injury or risk of future unemployment.
Answer:
Spain
Explanation:
Francisco Pizarro was from Spain, and he colonized or conquered, Peru.
