Answer:
Georgia gained new territory of the Ohio River Valley as a result of the war. Georgia colonists suffered great losses of lives and property. Georgia was a buffer zone in the fighting between the French and the Indians. Georgia was the only colony to support the French against the British in the war.
Which was Charles Darwin known for? He proposed the theory of "natural selection," which said that all living things change over time.
Charles Darwin discovered a lot in the Biology section of Science.
He was president in 2001 when the twin towers were attacked by Al-Qaeda. He created the Department of Home Land Security and declared war on terrorism.
Amendments such as the Bill of Rights were added (1-10)
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.
