Answer:
Explanation:
Adam Smith believes that the division of labor and specialization enables people to become adept at their job and therefore more productive. ... "The division of labour, however, so far as it can be introduced, occasions, in every art, a proportionable increase of the productive powers of labour."
Explanation:
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<span>When reference is made to the "poverty line", it means the specific amount of income needed for a basic standard of living.
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The poverty line refers to the base level of pay considered sufficient in a specific country. Practically speaking, similar to the meaning of poverty, the official or normal comprehension of the neediness line is fundamentally higher in created nations than in creating nations.
Answer:
Individuals own the development factors and respond to the three economic issues. Any of the output factors are owned by the government.
Explanation:
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