Which economic idea best reflects one of Adam Smith's major beliefs

Answers

Answer 1

Answer: Smith argued that by giving everyone freedom to produce and exchange goods as they pleased and opening the markets up to domestic and forign competition people natural self interest would promote grater prosperity than with stringent government regulations.

Explanation: Hope this helps

Answer 2

Adam Smith's economic idea can be largely summarized as one emphasizing the role of productive labor in the generation of wealth. His major belief is the central tenet of capitalism.

Which economic idea best reflects Adam Smith's major beliefs?Adam Smith was an important economist who theorized endlessly on the economy, labor, specialization, and wealth. In his treatise titled 'The Wealth of Nations', he elaborated upon his major beliefs and economic ideas. Of them the most central idea laid the groundwork for capitalism and capitalistic economies. He claimed that productive labor was pivotal to the growth and generation of wealth. Adam Smith held the belief that self-interest will guide people to channel their resources for optimum production and use. He also emphasised government regulation as a means to maximise profit and wealth.

Therefore, the economic idea that best reflects Adam Smith's major beliefs is self-interest guiding the most productive use of resources and liberal capitalism.

Learn more about Adam Smith here: https://brainly.com/question/19471772

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Related Questions

Which of the following best explains how the diffusion of industrialization relates to the two images shown?

Answers

Answer:

where are the following?

please help with this, NO LINKS OR WILL GET REPORTED!!

Answers

Answer:

Explanation:

liberal republicans believe lincoln abuse his power

northern democrats believe abraham lincoln 2 weak

i hope it helps

un cuadro comparativo dónde allá similitudes entre ambas ciencias. Psicología y filosofía.

Answers

Answer:

a comparative table where there are similarities between both sciences. Psychology and philosophy.

Explanation:

si estabas buscando una traducción, esta es tu ayuda, espero que esto pueda ayudarte

Which of the following states was NOT one of the original thirteen colonies?
a. Delaware
b. North Carolina
c. Kentucky
d. Virginia

Answers

The answer is Kentucky

How and why did nationalism develop into imperialism?

Answers

The colonies supplied the European imperial powers with raw materials and markets to sell their manufactured goods. Nationalism leads people to believe their nation is better than other nations and leads them to seek to be independent state while disregarding other nations, causing conflict

North Vietnam invaded South Vietnam

O True
O False​

Answers

Answer:

f not sure mark brainliest plz

Answer:THIS IS TRUE

Explanation:

In the spring of 1975 the North Vietnamese army conquered all of South Vietnam, and the following year North and South were formally united in the Socialist Republic of Vietnam.

The Vietnam War, also known as the Second Indochina War, was a conflict in Vietnam, Laos, and Cambodia from 1 November 1955 to the fall of Saigon on 30 April 1975. It was the second of the Indochina Wars and was officially fought between North Vietnam and South Vietnam.


5. Which of the following did President Woodrow Wilson oppose following WWI? *

A.Issuing the Zimmerman telegram
B.Punishing a defeated Germany
C.The League of Nations
D.Freedom of the Seas

Answers

Answer:

i belive it is c

Explanation:

because from 1914 till 1916 americnas were not able to remain neutral because the refused to join the league of nation after the conflict of ww1. i am not sure tho sorry

What could people do beyond taking a knee to help address the concerns behind that action? help me please​

Answers

Sign petitions, spread awareness through sharing social media posts and writing articles. Attending protests, donating to people who have been victims and their families etc..

According to Buddhism , what was the elevated state in which one could be free of all desire and conflict called ?

Answers

Answer:

C, Nirvana

Explanation:

PLEASE HURRY!! Which of the following statements about the war in Afghanistan is false?
a.
The initial attack was led by Tommy Franks.
b.
The war is difficult due to heavy combat in mountainous terrain.
c.
The war has increased focus on religious fundamentalism.
d.
All US troops were pulled out of Afghanistan in May 2011.

Answers

Answer:

The answer is D

Explanation:

EDGE2021

Answer:

D

Explanation:


The farther West people in
ancient China traveled

A. the more gold they discovered
B. the worse the conditions became
C. the higher the mountains were

Answers

I think that it’s A. The more gold they discovered

If muscles help us breathe, which system helps the respiratory system?


digestive


skeletal


muscular

Answers

Answer:

[tex]\huge\colorbox{violet}{✏﹏ \: ᴀɴsᴡᴇʀ \: }[/tex]

If muscles perform the role of the lungs in the respiratory system then the muscular system helps the respiratory system.

ADDRESSED TO A CONGRESS OF PEASANTS
Fidel Castro, Havana, Cuba. (February 24, 1959)

Fellow peasants:

Many symbols expressed the extraordinary transformations that are taking place in our country, symbols that are as lights showing the way to our people.

We have celebrated many times the anniversary of the 24 of February. But this is the first which really represents the end of our fight for independence. It was initiated by our grand-parents against Spain, and we have finally obtained it on the first of January, 1959.

We are tonight in the Cuartel Moncada, the place where the fight against Tyranny was initiated. Tonight, it is the symbol of our Revolution…

Many have not noticed yet the many changes that have taken place in Cuba. I can read everywhere signs speaking about Agrarian Reform, about the Destruction of "latifundia" about technical assistance, about comfortable houses for the peasants. These are the deepest yearnings of a class that has always been a victim.

But I ask myself, what have the peasants to ask from the government? They must not ask anything from us, the time for asking is over…

I was not born poor, I was born rich. I was not the son of a landless peasant, I was the son of a rich landowner. I never lived in a miserable house. I was near poorness but I never suffered from it. That is why I do not defend landowners but the people and the peasants…

Together we have lived through many dreams. We are so united in brotherhood, nothing can separate us. Of those peasants we had found when we landed we made rebel soldiers. That is why we can say that the Rebel Army is fundamentally a peasant army. We owe our victory to the peasants.

The Prime Minister is a leader of the peasants and nobody can defend them better than he. That is why I am here tonight.

Nothing makes me so enthusiastic as the Agrarian Reform. We are not men of promises, but men of facts. So, you can be sure that this deep yearning of the peasants shall be accomplished. We shall give the land to the peasants…

These things must be well known. The war was won by doing the things that had to be done. One mistake and we would have lost. That is why after the military victory, we must accomplish the revolutionary victory and we have to do the things that have to be done. One - mistake and the Revolution would be lost. I have come to tell the peasants how they can win this war and to ask them if they have confidence in us. We need one single direction and each man must be a disciplined soldier…

First came the Agrarian Law of the Rebel Army. We made it because we knew we would find many difficulties after the victory, and we promulgated laws in the territories we had liberated, to have that on our side.

That was why we gave 70 acres to each peasant, and gave them facilities to buy them. It was so established in the Constitution and we were following the Constitution.

These peasants were given the land and they shall keep it, nobody shall take them away from there. We have now to take care if the procedure, the Rebel Army did not have time to give legal form to this act. But this is easy to do, and the peasants shall stay in the land they own now.

But now we have another problem: the peasants who have not been given any land. The Agrarian Reform shall take care of this…

All those who work on a piece of land must stay there. It shall be given to them. But thousands of families do not have any land at all. To cope with this situation we need time. If it could be done in three minutes it should be done so. But the Agrarian Reform takes time and a lot of studying.

We have developed a national campaign to make everybody work for the Agrarian Reform. Even the industrials. I told them that the Agrarian Reform would increase the national income and that their - industries would also be increased. If a man has no money, how can he buy shoes? If we open a shoe factory we would have to close it in three weeks. The Agrarian Reform is the only way to fight unemployment.

When people are hungry, you just cannot tell them to keep quiet. It is necessary first to eliminate hunger in the land, it will then be finished in the cities. The peasants will be able to buy what the new industries manufacture.

Without the Agrarian Reform, the country's economy will crack down and Batista and his men would be back. Without Agrarian Reform everybody would be ruined. That is why it is so important to eliminate the "latifundia."

We must be careful not to ruin what we have accomplished. We must be calm. If we have waited 50 years, we can wait a little longer, because if the distribution of land is not well done, it will be a failure.

How does Castro justify his belief in unlimited, communist government?
- Describe the form of government Castro imposed
- Explain how it is unlimited
- Provide political, social, and/or economic reasonings for communism
- 8 sentences minimum

Answers

Answer:

hello

Explanation: goodbye

What effect did the economic hardships of the Great
Depression have on American voters' attitudes
toward the federal government?

Answers

Answer: How did the Great Depression change American attitudes about welfare? It revealed that poverty could be caused by a flawed economic system, not just by personal irresponsibility. When was Social Security established? ... Why have Americans typically been apprehensive about government efforts to reform health care?

Explanation:

Explain the importance of Aztec sacrifice.​

Answers

Answer:

Human sacrifice was important in Aztec culture as a way to represent a social hierarchy between their own culture and the enemies surrounding their city. Additionally, it was a way to structure the society of the Aztec culture itself.

Explanation:

PLEASE HELP!!!
Which organization - the NWP or the NAWSA - more likely to have an impact on the women's suffrage movement and the proposal to amend the constitution granting women the right to vote? Why ?

Answers

Answer: the NAWSA

Explanation: so the origins of the National Woman's Party (NWP) date from 1912, when Alice Paul and Lucy Burns, young Americans schooled in the militant tactics of the British suffrage movement, were appointed to the National American Woman Suffrage Association's (NAWSA) Congressional Committee. They injected a renewed militancy into the American campaign and shifted attention away from state voting rights toward a federal suffrage amendment.

:)

The Oklahoma Constitution included reforms that guaranteed compulsory education, which meant attending school was for children between the ages of 8 and 16. A. voluntary B. required C. optional D. fun

Answers

Answer:

Explanation:

child” means a child from the age of five to sixteen years;

(b)   “capitation fee” means any kind of donation or contribution or payment, by whatever name, other than the fee notified by the Government or the local authority;

(c)    “disadvantaged child” means a child who belongs to a socially and economically disadvantaged class, or to any other group having disadvantage owing to social, or such other reasons or who belongs to such a parent whose annual income is less than the limit which the Government may, by notification, specify;

(d)   “education” means teaching and training of mind and character by attendance in regular school education, madrassa education, vocational training and special education in the class room and school setting, or non-formal education or the education prescribed for a child or category of children by the Government;

(e)    “free education” implies that the Government or a local authority shall not charge any fee or expense for providing education and shall endeavour to remove financial barriers that may prevent a child from completing ten years’ education;

(f)    “Government” means Government of the Punjab;

(g)   “local authority” means a local government, an autonomous or semi-autonomous body or authority of the Government, a public sector organization or body having administrative control over a school or empowered by or under any law to function as a local authority;

(h)   “parent” includes a person having the care and custody of a child or a guardian appointed by a court;

(i)     “prescribed” means prescribed by rules;

(j)     “rules” means the rules made under the Act;

(k)   “school” means an educational institution imparting primary, elementary or secondary education to the children and includes:

Answer:

The answer is B. required

Explanation:

edge 2021

Urban ecology can best be described as the study of the relationships between city
environments and
A. humans.
B. water sources.
C. animals.
D. forested landscape.

Answers

Answer: I think it’s A but sorry if it’s not

Explanation:

Why is Mr. Auld angry when he finds that Mrs.
Auld is teaching Douglass his letters? (Choose
2.) !!!!!!NO LINKS !!!!!!!

A-It is against the law to teach a slave to read
anything BUT the bible.

B-Douglass is 'unmanageable' and 'unfit' and should
not be rewarded with reading.

C-It is against the law to teach a slave to read.

D-The ability to read will make him 'unmanageable' and
"unfit.'

Answers

Answer:

I think D and B is the correct answers.

Plz help me well mark brainliest if correct!...

Answers

the answer is C hope this helps

How did Gandhi and the national congress party word for independence in India?

Answers

The Indian National Congress, (often called the Congress Party or simply Congress, abbr. INC) is a political party in India with widespread roots.[16] Founded in 1885, it was the first modern nationalist movement to emerge in the British Empire in Asia and Africa.[a][17] From the late 19th century, and especially after 1920, under the leadership of Mahatma Gandhi, Congress became the principal leader of the Indian independence movement.[18] Congress led India to independence from the United Kingdom,[b][19][c][20] and powerfully influenced other anti-colonial nationalist movements in the British Empire.[d][17]

In 1948-1949 the city Berlin was blockaded by soviet forces which sectors of the city were supplied by the airlift

Answers

Answer: The Berlin Airlift Begins

On June 24, 1948, Soviet forces blockaded all road, rail and water routes into Berlin's Allied-controlled areas, stifling the vital flow of food, coal and other supplies.

Explanation: Hope this help :D

Why did most South Carolinians not move out of the state like others did? *
They loved it here and didn't want to leave.
They had enough jobs here for everyone to not want to leave.
They were afraid to travel too far from home.
They did not have enough money to move.

Answers

A, jobs were good and most didn’t want to leave

What Was the Largest Contiguous Empire in History?

Answers

Answer:

The Mongol Empire was the largest contiguous empire in history.

Answer:

The Mongol Empire was the Largest Contiguous Empire in History.

Save
Which important date is inscribed on the tablet held in the Statue of Liberty's left hand?
es )
A)
October 12, 1942, the date Columbus discovered America
B)
July 4, 1776, the date the U.S. Constitution was signed
November 11, 1918, the date WWI hostilities came to an end
D)
October 28, 1886, the date the statue was dedicated to the U.S.
Integrated
om/modules/questions/go.php?testid=12768assign

Answers

Answer:

B

Explanation:

The declaration of independence in roman numerals, July 4 1776

TRUE OR FALSE.
Some Native American tribes/nations confronted Indian Removal by making agreements to relocate to Canada rather than move to the Indian Territory.

Answers

Explanation:

The trek of the Cherokee in 1838–39 became known as the infamous “Trail of Tears.” Even more reluctant to leave their native lands were the Florida Indians, who fought resettlement for seven years (1835–42) in the second of the Seminole Wars.

True

who is the 11th president of India?​

Answers

Answer:

[tex]\huge\colorbox{pink}{✏﹏ \: Shankar Dayal Sharma \: }[/tex]

Shankar Dayal Sharma was the eleventh president of India.

Answer:

Avul pakir Jainulabdeen Abdul Kalam

what is civilisation​

Answers

the stage of human social and cultural development and organization that is considered most advanced.

Answer:

[tex] \huge\green{ \mid{ \underline{ \overline{ \tt ♡ Civilization ♡ }} \mid}}[/tex]

Civilization refers to an advanced state of human society, in which a high level of culture, science, industry, and government has been reached.

What are leaders in an Islamic empire called

A. Al- Warraq
B. Caliph
C. Zirbaja
D. Abbasid
E. Nawal

If you were to visit Baghad during its golden era who would you see there choose more then one answer

Rich class

Artists and poets

Merchants and traders

Philosophers and historians

Students

Commoners and beggars

Foreigners

Answers

For the first one I’m pretty sure it’s b. And for the second I think you need to choose sorry if I’m wrong
Leaders in an Islamic empire are called Caliph. As for the second question I’m not sure


Which similarity completes this Venn diagram?
A-included debate over the use of line-item veto
B-violated the principle of due process
C-involved debate over the extent of executive and legislative authority
D-deemed unconscionable by the judicial branch

Answers

Answer: Involved debate over the extent of executive and legislative authority

Explanation:

I just took the test

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Please help will give brainliest to right answer!!You add 1.5 moles of HF to 6 liters of water. The concentration is at equilibrium when [H+] is at 0.10 M. What is the Ka of HF? HF -> H+ + F-.A) 0.067B) 0.10C) 0.25D) 1.5 Help me with these questions (picture) Plsss I will reward brainliest and points does any1 know how much cancun mexico clothing cost are? ASAP PLEASE HELP FAST if you can do any of them please do Why do you think Europeans' views of Muslims changed when Europeans traveled to Muslim lands? Need help!!!!!!!!!!!!!!!!!!!! plz help solve due tonight Can anyone help? Ill give Brainly! Thank you :) Austin drove 455 miles in 7 hours.At the same rate, how long would it take him to drive 585 miles? 5.Which of the following best explains the concept of getting lost in a group? can someone please help me please I will mark brainlist and give you 5 stars pleasee Write the absolute value equation that is represented by the graph Explain the term physical capital ? need help ASAP pls! Fairly simple question Homestead Jeans Co. has an annual plant capacity of 65,000 units, and current production is 45,000 units. Monthly fixed costs are $54,000, and variable costs are $29 per unit. The present selling price is $42 per unit. On November 12 of the current year, the company received an offer from Dawkins Company for 18,000 units of the product at $32 each. Dawkins Company will market the units in a foreign country under its own brand name. The additional business is not expected to affect the domestic selling price or quantity of sales of Homestead Jeans Co.Required:a. Prepare a differential analysis dated November 12 on whether to reject (Alternative 1) or accept (Alternative 2) the Dawkins order.b. Briefly explain the reason why accepting this additional business will increase operating income.c. What is the minimum price per unit that would produce a positive contribution margin? difference between hi and bye Why did the Renaissance begin in Italian cities such as Florence?They were not affected by the bubonic plague.They were major trading centers in the region.They had universities that preserved ancient literature.They had a tradition of making art during the medieval period. a stormy welcome review lines 47-50 i ready pls help just look up a stormy welcome then there is the story will give brainlest whats the meaning of oligopoly and monopoly market structure How did Thomas Paine's pamphlet Common Sense convince reluctant Americans to abandon the goal of reconciliation with Britain and accept that separation from Britain independence was the only option for preserving their liberty?