Which type of economy is associated with Adam Smith's belief that people pursuing their own self-interests will create a better society?

A
feudalist

B
communist

C
socialist

D
free market

Answers

Answer 1

Answer:

Id think free market

Explanation:

Adam Smith s landmark treatise on the free market paved the way for modern capitalism, arguing that competition is the engine of a productive society, and that self-interest will eventually come to enrich the whole community, as if by an invisible hand .


Related Questions

What is the temperature of the middle most layer of the suns atmosphere ?

Answers

The temperature of the Sun's middle most layer is 6,000 degrees Celsius to 20,000 degrees Celsius.

Answer:

B. It’s temperature is 6,000 degrees celsius to 20,000 degrees celsius.  

Explanation:

Eng 2021

Read this claim from a newspaper editorial.

Young African American, Hispanic, or American Indian men and women have much higher unemployment rates than whites. Regardless of anti-discrimination laws, it is evident that employers haven’t gotten the message. The statistics clearly show that people making the hiring decisions have not begun to shed their stereotypes and prejudices.
Evaluate the claim in the editorial, using information from the Survey of Young Workers as described in the text.

Answers

Answer and Explanation:

The editorial presents how racial minorities, even though they are part of American society and essential for the maintenance of the economy and the national workforce, are undervalued in the act of looking for a job, being evaluated through prejudiced concepts of their races and not being evaluated according to the abilities they possess. This causes African Americans, Hispanics or American Indians to have a high unemployment rate. This problem exists because of the archaic thinking of many employers, which end up causing a great negative impact on society. This is because the high unemployment rate makes the communities that shelter these racial minorities to have a higher level of poverty, criminality, illegality, lack of structure and other very negative elements. These racial minorities are blamed for these problems, but the real culprits are prejudiced and racist employers and the State that does not take action to prevent this type of thing from happening.

what are the ways to develop a habit and to get rid of a bad habit.

Answers

You can develop a habit over the course of a few weeks or even a few days. By doing the same thing and not being aware of it, your brain starts to think that this is a normal and ok thing to do. So you do it. The more you do it, the more “ok” it will be in your mind. For example, picking you nose. A disgusting habit of a lot of younger kids and some older people as well even. They do it, and start to think it’s ok. Even if they know it’s bad after it being created a habit, they can still catch themselves off guard and actually end up doing it anyways. I myself thankfully don’t suffer from this, but I still do have my bad habits as well. To get rid of this, you can ask for others help in keeping you accountable or constantly keep yourself on guard; knowing what you’re doing. Friends and family are also a great way of getting help. Instead, you can do something else as a substitute.

Hope this helped!

Your savings account pays 7 percent per year. Each 5100 in the bank grows to $107 over a one-year period. If prices increase by 5 percent per year, by keeping $100 in the bank for a year you actually gain

Answers

Answer:

below

Explanation:

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