Because without comprimise the world would always be argueing... and we would have destroyed ouselves years ago.
Adam smith’s principles of economics were modified in 1803 by Jean-Baptiste Say, a French businessman, who wrote a treatise on political economy.
<h3 /><h3>What is economics?</h3>
The investigation of shortage and how it influences resource utilization, service and product productivity, income changes, and wellbeing through time is called Economics.
There are mainly three types of economic system which includes capitalism, socialism, and mixed economic system depending on various countries.
Jean-Baptiste Say, a French entrepreneur who published a book on politics and economics, modified Adam Smith's economic principles, which include the laws of self-interest, competitiveness, and both supply and demand, in 1803.
Learn more about Jean-Baptiste Say, here:
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Answer:
For trading purposes
Explanation:
To conduct trade with Mali, someone from Catalonia would create a map about the region. West Africa was the large producers of gold in the Middle Ages. The Mali Empire was rich in gold and other precious items. From there it began the supply of gold in Europe. Catalans interest in trade and the gold in Africa led someone to create a map about Mali.
Answer: Positive externality
Explanation: Positive externality is the concept in which the service produced and the consumption of that service will provide benefit a third party who is not a part of the process.
While producing fertilizer , it is providing a unintentional benefit to the community surrounding(third party) by keeping the insects away through exerting gases so that they don't cause insect bites or other problem.
Other options are incorrect because negative externalities are negative consequences face by the third party in a process. Comparative externality is related with comparison and pecuniary externality is increment or decrement in market price of service by action of economic actor .
<span>The fact that Trina
is outgoing, warm, and truly inspirational when she talks about where
she wants to lead her division and her employees seem eager to do anything
she asks means that Trina has referent power. Trina has this type of power because of her personality and not her position.
</span><span>It is derived from one's personal attraction and
characterizes strong, visionary leaders who are able to persuade their
followers by dint of their personality, attitudes, or background.</span>
