Answer:
Explanation:
governing the quantity of a good is the answer
Answer:
spend four years studying at the world's best university, but you would have to keep your attendance there a secret.
Explanation:
According to the human-capital theory people's skills can only improve when they are given quality education or quality training. That is to say in order to get the best from human, there is a need to invest more time on peoples' training and education.
Adams Smith was one of the founding fathers say the main founding father of the human-capital theory and according to him when people acquire more knowledge they tend to be more productive.
Hence, my choice will be to spend four years studying at the world's best university, but I would have to keep my attendance there a secret because with the knowledge that i have acquired I can use it to enhance my FUTURE EARNINGS.
Age 15 is the average age.
Answer: Friedrich Hayek’s work The Road to Serfdom argued that centralized Economic Planning ultimately threatened liberty. Conservatives used this book to justify a reduced role for the state in the economy, by equating fascism and socialism with the New Deal.
Explanation: Frederick Hayek in his book <em>The Road to Serfdom</em>, published in 1944, criticized government involvement in the market seeing it as a system that leads to loss of individual freedom.
Centralized Economic planning is key to socialism as a method to ensure equality, but Hayek argued that central planning forces the will of a few people on the public. This is not socialism but dictatorship.
Conservatives, who favored a reduced government role in economic planning quoted this book and equated the New deal with fascism. The New Deal was a program designed by President Franklin D. Roosevelt to revive the economy after the Great Depression.
