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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The congress is composed of citizens who had to trace a long trajectory to get to occupy this position. The congress is one of the most important institutions in the country, being essential for democracy and national policy to be properly established. In view of this importance, we can affirm that it is not just anyone who can occupy a position within the congress, it is necessary that the members of the congress should be hardworking, efficient, intelligent and capable people.
However, it is impossible to deny that many choices made by members of the congress are contrary to popular will and often seem to harm the population. In addition, in the face of the many cases of corruption, politics and lobbying that involves the congress, many citizens have lost confidence in the members of this institution, even establishing severe criticisms of these members.
Answer:
James Monroe was president during the First Seminole War (1817-1818),when patriotism was at an all time high.
Explanation:
James Monroe was the fifth president of America and he served from 1817-1825
That statement is False.
MAslow hierarchy of needs depict a clear path which indicates that people wouldn't be able to fulfill the needs on higher hierarchy if we haven't fulfill the needs on lower hierarchy.
Here's his hierarchy's arrangement from top to bottom:
- self actualization
- Self-esteem
- Love/belonging
- safety
- Physiological
But often times, we do not follow this hierarchy from bottom to top. (for example, some obsessed individual might want to sacrifice need for love/belonging as long as she could realized her life-long dream i.e: self-actualization)