Answer:
Its False the person above me is wrong
Explanation:
i got correct on edenuity!
Self interest helps achieve society's economic goals because it encourages each economic agent to look for maximum benefits at the minimum cost possible
In economics, self-interest is the idea that the best economic benefit for all can usually be accomplished when individuals act in their own self-interest.
Self-interest refers to actions that elicit personal benefit. Adam Smith, the father of modern economics, explains that individuals usually benefit most from acting in their own interests. According to his theory, the Invisible Hand creates goods and services that benefit both producers and consumers when dozens or even thousands act in their own self-interest.
Economies in which goods and services can be freely exchanged are characterized by self-interest and competition. As a result of these forces, good and services supply and demand as well as their value are influenced.
To know more about Self interest check this:
brainly.com/question/27872646
Explanation:
Trade was also a boon for human interaction, bringing cross-cultural contact to a whole new level. When people first settled down into larger towns in Mesopotamia and Egypt, self-sufficiency – the idea that you had to produce absolutely everything that you wanted or needed – started to fade. A farmer could now trade grain for meat, or milk for a pot, at the local market, which was seldom too far away. Cities started to work the same way, realizing that they could acquire goods they didn't have at hand from other cities far away, where the climate and natural resources produced different things. This longer-distance trade was slow and often dangerous but was lucrative for the middlemen willing to make the journey. The first long-distance trade occurred between Mesopotamia and the Indus Valley in Pakistan around 3000 BC, historians believe. Long-distance trade in these early times was limited almost exclusively to luxury goods like spices, textiles, and precious metals. Cities that were rich in these commodities became financially rich, too, satiating the appetites of other surrounding regions for jewelry, fancy robes, and imported delicacies. It wasn't long after that trade networks crisscrossed the entire Eurasian continent, inextricably linking cultures for the first time in history. By the second millennium BC, former backwater island Cyprus had become a major Mediterranean player by ferrying its vast copper resources to the Near East and Egypt, regions wealthy due to their own natural resources such as papyrus and wool. Phoenicia, famous for its seafaring expertise, hawked its valuable cedarwood and linens dyes all over the Mediterranean. China prospered by trading jade, spices, and later, silk. Britain shared its abundance of tin.
My hands hurt now :')
Anyways Hope this helped, Have a nice day!
<span>TRUE
The above paragraph is true of g</span><span>overnment regulations. It</span> clearly explains why there is a need for government regulation, and also explains the limits that constitutional requirements place on these regulations so as to maintain social equality and prevent any form of chaos among the people.
