1. According to Adam Smith, what determines the size of a society's industry?

Answers

Answer 1

According to Adam Smith, the factors that determine the size of a society's industry are: The division of labor and personal interest.

In his most important work, "The Wealth of Nations" (1776) Adam Smith expresses his economic ideas. One of the main topics he deals with in this text is labor.

According to Adam Smith, he expresses that the improvement of productivity (which influences the growth or decrease of the industry) of labor depends to a large extent on its division. In other words, what Adam expresses is that the division of labor allows companies and workers to have higher profits and productivity by making a society's industry bigger.

On the other hand, Adam Smith emphasizes that personal interest is that "motivation" that individuals use to include themselves in the economic system and obtain personal benefits. According to the above, men are involved in the economic system motivated by their personal interest to obtain a profit but they are generating benefits for everyone, even for the growth of companies and industries.

According to the above, the correct answer is The division of labor and personal interest.

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Related Questions

As an ongoing organization that performs certain functions for society and has a life separate from the lives of the individuals who are part of it, a government can be categorized as a type of

Answers

Answer:

Institution

Explanation:

An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.

Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.

In this context, the government of a particular country is considered to function as an institution because it is saddled with the responsibility of providing basic human needs and performs certain functions for society. Also, a government being an ongoing organization has a life separate from the lives of the individuals who are part of it and as such it's perpetual or a continuum.

PLZ HELP

Roosevelt chose a bull moose as a symbol for his new Progressive Party because..

A) he wanted to show he sided with Democrats on key issues

B) he fought like one for things he believed in

C) he had helped preserve them in Washington State

D) he wanted to show he sided with Republicans on key issues

Answers

Answer:

B: he fought like one for things he believed in

Hello,

The Progressive party was popularly nicknamed the “Bull Moose Party” when Roosevelt boasted that he felt that he was as strong as one, after loosing the republican nomination in June on 1912

Therefore the answer Is B. He fought like one for things he believed in.

Tiền thân của hội Việt Nam cách mạng thanh niên

Answers

Answer:

Đảng Cộng Sản Việt Nam

Explanation:

Long distance_____
with other cultures is
an example of
a highly specialized society.
A. cities
B. specialization
C. trade
D. government

Answers

I think it’s C. Trade

What is not a reason the colonists came to America? *
1 point
overthrow a king
economic opportunity
practice their religion
escape persecution

Answers

Answer:

A) Overthrow a king

Explanation:

When the colonists first came to America, their intentions were not to overthrow the king. They did gain their independence from Britain in the future though.

Overthrowing a king is not a reason the colonists came to America. The correct option is A.

What were the reasons for colonization in America?

One of the main reasons for colonizing the New World was the potential for financial gain. In order to reward its investors, the London-based Virginia Company founded the Jamestown colony. Europe spent a lot of time exploring and colonizing the world out of necessity.

While the colonists did rebel against British rule during the American Revolution, this was not a primary reason for their initial settlement in America. The other three options listed - economic opportunity, practicing their religion, and escaping persecution - were all motivations for colonists to come to America.

Thus, the ideal selection is option A.

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What is the only natural lake in Texas?
a.
Caddo Lake
b.
Canyon Lake
c.
Limestone Lake
d.
Arrowhead Lake

Answers

Answer:

I believe the answer would be A: Caddo Lake

Answer:

a. Caddo Lake

Explanation:

A lot of Texans consider it common knowledge that there's only one natural lake in the state.

It's Caddo Lake in East Texas, and it straddles the Texas/Louisiana state line.

Scarcity is a basic economic problem because —


A.Opportunity costs limit demand


B.Resources are limited


C.People have trouble making choices

D.Governments limit production

Answers

Answer:

B

Explanation:

Resources aren't unlimited there will always be a limit

Select ALL the correct answers.
What are two reasons that the authors of the Constitution created a federalist system of government?
They wanted state governments to serve as a check on the national government.
They wanted to balance power among three branches of government.
They wanted the Supreme Court to rule on decisions involving state governments.
They believed state governments had too little power under the Articles of Confederation.
They recognized that the national government had too little power under the Articles of Confederation.

Answers

Answer:

1. They wanted to balance power among three branches of government.

2. They wanted state governments to serve as a check on the national government.

Explanation:

Given the available options, the two reasons that the authors of the Constitution created a federalist system of government are:

1. They wanted to balance power among three branches of government.

2. They wanted state governments to serve as a check on the national

This is established on the idea that the authors of the United States Constitution wanted to protect citizens' freedom and avoid an autocratic style of governance by dividing its power between States governments and the central government.

Also, to prevent tyranny, they preferred the division of power among three branches of government including Executive, Legislative, and Judiciary.

Answer:

They wanted state governments to serve as a check on the national government.

They believed state governments had too little power under the Articles of Confederation.

Explanation:

They wanted to limit the role of the people in government. They did not trust the state governments. They had seen how inefficient a weak central government was under the Articles of Confederation.

What did the south gain from the compromise of 1850?

A more effective fugitive slave law

Greater influence in the senate

Some money from California gold

Restoration of the slave trade in DC

Answers

The answer is: A more effective fugitive slave law

Answer:

Its A

Explanation:

on E-d-genuity

Which factor played the most significant role in the decline of the Mughal empire

Answers

Non-Muslim citizens were infuriated at the Mughal empire's execution of sharia law.

For each of the following, describe its characteristics, explain its significance, or identify relevant causes and effects:
Woodrow Wilson
Herbert Hoover
Alice Paul
Red Scare
Palmer raids
Women’s International League for Peace and Freedom

Answers

Answer:

it is really long question but I will need to read material from your book and the internet to compose your answer

During the Cold War what two nations were involved in a "hot war" over the issue of communist expansion?

Answers

I think it’s the ussr and the us ?

Which of these is NOT a First Amendment right?

A. speech
B. religion
C. vote
D. press

Answers

Pretty sure it’s C: Vote
C. Vote
Is the correct ans

How did the creation of the Schengen Area most impact members of the European Union?

Answers

The Schengen Agreement abolished many of the EU's internal borders, enabling passport-free movement across most of the bloc. It take its name from the town of Schengen in Luxembourg, where the agreement was signed in 1985. It took effect in 1995.

Which factor was a key reason that Greek city states had strong economies?

Answers

Answer:

stable governments.

Explanation:

The factor that was a key reason that the Greek city-states had strong economies was a stable government. Athens was the main city-state government in ancient Greece

Answer:

Stable government

Explanation:

When was the American revolution?

Answers

Explanation:

1775 – 1783

IS UR ANSWER

THANK YOU

Answer: April 19, 1775 – September 3, 1783

Which explains why many species of fish have been eliminated in Washington?

a) Disease has prevented migratory fish from spawning.
b) Dams have kept migratory fish from swimming upstream.
c) Commercial fisherman have overfished the state’s waterways.
d) Fish farms have had little success raising fish.



jk already know

Answers

Answer:

B

Explanation:

Answer:its b he is right

Help me ASAP please

Answers

The positive experiments of immigrants.

PLEASE HELP..

___ says that we fight and die for a simple thing so that a man can stand up.
a. James Otis
b. Sam Adams
c. John Adams
d. John Hancock


Answers

Answer:

D

Explanation:

I think John Hancock said it

In ancient Mesopotamia a city-state is a city
A. within a state
B. with a national government
C. that's very small
D. not in a state

Answers

Answer:

within a state

Explanation:

Hope this answer helps you :)

Have a great day

Mark brainliest

Please answer correctly and no links

Answers

Answer:

1. Augustus preserved the republican traditions

2. Gradual lowering

Explain how communism differs from capitalism.

Answers

Answer: Capitalism is an economic system in which the trade and industry of the economy is owned and controlled by private individuals, to make profit. Communism refers to social system in which country's trade and industry are controlled by the community and the share of each individual relies on his ability and needs.

Explanation:

Not my words!  BUT I HOPE THIS HELPS!


PLEASE HELP!! Which is an example of a fiscal policy?

decreasing the interest rates on loans charged to car companies

deploying troops to help citizens cope with a natural disaster

going into debt to buy a large number of vehicles for the military

limiting the number of foreign cars that can be sold in the United States​

Answers

Answer:limiting the number of foreign cars that can be sold in the United States

Cite textual evidence to prove the conspiracy theory that Bigfoot is real please no links

Answers

Answer:

Relatively few people, in or out of the field of science, believe in Bigfoot. A purported Bigfoot sighting would likely be met with the same level of credulity as a discovery of Casper, Elvis, Tupac, or Santa Claus. With only 16 percent of Americans Bigfoot believers, you might just write them off as crazy. But contrary to popular assumption, folklore experts say, Bigfoot believers may not be as irrational as you’d think.

“It’s easy to assume … that people who believe in Bigfoot are being irrational in their belief,” says Lynne McNeill, Cal grad, folklore professor, and special guest on the reality TV show Finding Bigfoot. “But that’s really not true. People aren’t jumping to supernatural conclusions very often; people are being quite rational. It doesn’t mean they’re correct; it just means they’re thinking rationally.”

OK. So what are some reasons why people might rationalize a belief in Bigfoot?

Describe some of the positive effects and the negative effects of Westward expansion in the early 1800’s.

Answers

The ample land provides area for business development. The West gives you a new beginning in your choices in life! The Native Americans were given proper land supplements by the Westerners. In addition, there were many job opportunities in the West for those Native Americans who sought a more free life.

Please help me out on this

Answers

I believe it’s the one above the answer you answered

Ancient Mesopotamia is located between
which two rivers?
A. Nile, Amazon
B. Tigris, Euphrates
C. Mississippi, Missouri
D. Tigris, Nile

Answers

B. Tigris and Euphrates

Can i have brainliest?

Read the passage and answer the question that follows:

John Brown, supported by abolitionists and Republicans, tried to start a slave revolt. Therefore be it resolved that the defense of slavery is a common cause to all Southern states. At the call of any Southern state, we are authorized to send troops and money to defend it.—North Carolina resolution in response to the raid on Harper's Ferry, 1859

What prediction could be made based on this passage?

The election of a Republican president will be seen by Southern states as an attack on slavery.
The election of a Republican president will be seen by Southern states as a compromise on slavery.
The increased sectionalism of the South and North will decrease pressure on Southern states to secede.
The increased sectionalism of the South and North will increase the potential for slave revolts.

Answers

Answer:

The election of a republican pesident will be seen by Southern states as an attack on slavery.

Explanation:

the test approved

PLEASE ANSWER MY QUESTIONS :(

Answers

what’s your question

the primary objective of a Coastal potlatch was to​

Answers

Potlatch, ceremonial distribution of property and gifts to affirm or reaffirm social status, as uniquely institutionalized by the American Indians of the Northwest Pacific coast.

Thank me if it was helpful :D

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