Which economic idea did Adam Smith promote in The Wealth of Nations?​

Answers

Answer 1

Adam Smith in The Wealth of Nations believed that a country should only be as wealthy as its productivity.

Adam Smith:

Was a foremost economist in his time Believed that countries should try to be productive in areas they were more effective at producing

He believed that when a country focused on those things it could produce effectively, it would produce more which would mean that it was a wealthier country as productivity ought to determine wealth.

In conclusion, Adam Smith wanted nations to produce more to be wealthier.

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Related Questions

Match the vocabulary term with its meaning.


1. agrarian

objects made by people that archaeologists find

2. archaeology

society where humans hunted and gathered food

3. artifacts

the process of settling down in one location

4. domestication

the study of the lives of early human communities through the examination of their remains

5. hunter-gatherer

societies based on agriculture

6. sedentary

act of adapting plants or animals for human use

Answers

Answer:

agrarian- societies based on agriculture

archaeology - the study of the lives of early human communities through the examination of their remains

artifacts- objects made by people that archaeologists find

hunter-gatherer- society where humans hunted and gathered food

domestication- act of adapting plants or animals for human use

sedentary- the process of settling down in one location

Of the type of government described which type of government is most similar to the U.S government?

Answers

Answer:

Ciap

Explanation:

How did creating a Senate give small states an equal voice in government? A. Larger states would send more members because more people lived there. B. Small states would send the same number of members as large states. C. The three branches of government would all have the same amount of power. D. The Bill of Rights gave everyone an equal voice in the U.S. government.

Answers

Answer:

B. Small states would send the same number of members as large states.

✅The correct answer fr this question is:

B) Small states would send the same number of members as large states.

During the 1787 convention, Sherman proposed that House representation be based on the population, while in the Senate, the states would be equally represented. Benjamin Franklin agreed that each state should have an equal vote in the Senate except in matters concerning money.

IamSugarBee

Explain production possibilities by saying what happens when more of one item is produced. What happens to the other item?​

Answers

Answer:

The idea behind ppc is that in other to produce a particular commodity, the production of another commodity has to be sacrificed.

Explanation:

The ppc curve has a download slope from left to right indicating that there is an opportunity cost of producing more of one type of commodity.

Which best summarizes how people in a direct democracy decide laws? ​They vote for representatives to decide those laws. , , ​They vote for representatives to decide those laws., Only female citizens can vote on laws since it is a matriarchal society. Only female citizens can vote on laws since it is a matriarchal society. ​The leader decides all laws with no voting allowed by citizens. , , ​The leader decides all laws with no voting allowed by citizens., They vote directly on issues instead of elected representatives.

Answers

Answer:

They vote directly on issues instead of elected representatives.

Explanation:

Direct democracy is the type where a given issue affecting the country is determined by the people living in it through direct voting. for example, if there is need for a new tax on available water in the country, it is the people who would determine if such tax is going to be implemented or not through their votes. the outcome of those votes decides what happens to the proposed tax.

This refers to a person who lives in an area and can be either a citizen or a non-citizen.

Answers

Answer:

Resident.

Explanation:

This refers to a person who lives in an area and can be either a citizen or a non-citizen.

Why was the new technology of papermaking important to the Renaissance?

Answers

Answer:

It allowed for the development in printing and an easier way to spread views. ... Medieval art tried to show spiritual ideas while Renaissance art followed classical models, imitated nature, Greek and Roman subjects, and self-portraits.

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It allowed for the development in printing and an easier way to spread views.

Define “MERCANTILISM

Answers

Answer:

Belief in the benefits of profitable trading; commercialism.The economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

Credit goes to: Google Dictionary

Answer:

Mercantilism is the Economic system that was used to increase wealth in countries during the sixteenth to eighteenth centuries.

Which effected the growth of agriculture in the Midwest

Answers

Answer:

Explanation:

What Year?

Should people be forced to practice the same religion? Explain your answer

Answers

Answer:

Explanation:

People should be forced to obey speed limits where they are posted. It endangers the lives of those who cannot get out of their way when these careless drivers make a mistake.

The first amendment was very careful not to make rules that would force people to believe what they did not believe. As long as the religion does not advocate violence against someone else, they should be free to believe in any religion that does no harm.

Which statement best represents an economic weakness of the national government under the Articles of
Confederation?
O The national government was unable to collect taxes.
National and state taxes combined were too high for most citizens to pay.
Congress set different tax rates for each state, leading to conflict.
States refused to collect taxes on behalf of the national government.

Answers

Answer:

The national government was unable to collect taxes

Explanation: The National/ Federal Government was simply to weak to enforce policies of laws.

The economic weakness of government under the Articles of Confederation is that The government was unable to collect taxes.

What is Articles of Confederation?

Articles of Confederation can be regarded as written document which states functions of the national government of the United States.

The economy was weak under the Articles of Confederation because people don't pay their tax to federal government.

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What accounted for the tremendous appeal of the Great Awakening to colonists in the later half of the 1700's and who were some of the leaders of that movement?

Answers

Answer:

George Whitefield and Jonathan Edwards

Explanation:

The First Great Awakening was a period when spirituality and religious devotion revived in the colonies during the 1730 and 1740. This movement came to exist when preachers travelled one town to another town by spreading the words of their God.

Jonathan Edwards became one of the popular preachers who delivered the most famous sermons to the public called Sinners in the Hands of an Angry God. He also wrote volumes of journals, sermon and observations.

George Whitefield, an evangelist, preached, which helped to spread the Awakening in the colonies. He delivered emotional sermons where he would weep, shout, and shake as he spoke of God. The preaching by Whitefield was for people to look at their souls and turn toward God.

What events in history have resulted from natural rights?

Answers

Answer:

answer below!

Explanation: The 40 Principal Doctrines of the Epicureans taught that "in order to obtain protection from other men, any means for attaining this end is a natural good" (PD 6). They believed in a contractarian ethics where mortals agree to not harm or be harmed, and the rules that govern their agreements are not absolute (PD 33), but must change with circumstances (PD 37-38). The Epicurean doctrines imply that humans in their natural state enjoy personal sovereignty and that they must consent to the laws that govern them, and that this consent (and the laws) can be revisited periodically when circumstances change.[11]

The Stoics held that no one was a slave by nature; slavery was an external condition juxtaposed to the internal freedom of the soul (sui juris). Seneca the Younger wrote:

It is a mistake to imagine that slavery pervades a man's whole being; the better part of him is exempt from it: the body indeed is subjected and in the power of a master, but the mind is independent, and indeed is so free and wild, that it cannot be restrained even by this prison of the body, wherein it is confined.[12]

Of fundamental importance to the development of the idea of natural rights was the emergence of the idea of natural human equality. As the historian A.J. Carlyle notes: "There is no change in political theory so startling in its completeness as the change from the theory of Aristotle to the later philosophical view represented by Cicero and Seneca.... We think that this cannot be better exemplified than with regard to the theory of the equality of human nature."[13] Charles H. McIlwain likewise observes that "the idea of the equality of men is the profoundest contribution of the Stoics to political thought" and that "its greatest influence is in the changed conception of law that in part resulted from it."[14] Cicero argues in De Legibus that "we are born for Justice, and that right is based, not upon opinions, but upon Nature.

in the movie the patriot how does benjamin martin feel about independence

Answers

Answer:

Benjamin Martin fought in the Seven Years' War. His war experience makes him know the consequences of war. For this reason, in the Assembly where the freedom of the colonies of British rule is discussed, he strongly opposes to it, since he knows that war brings with it sadness, death and destruction for the people. He tries to prevent his son Gabriel from joining the army, but he cannot change his position and he is forced to join the battle against the red coats.

Explanation:

what is the same government by popular consent or indirect democracy

Answers

Answer:

representative democracy

Explanation:

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A. The independent Mesopotamian cities of Eridu, Ur, and Uruk expanded to form the walled of civilization.​

Answers

Answer:

Here are the top 11 inventions and discoveries of ancient Mesopotamia:

The Wheel. The first wheel wasn't used for transportation. ...

The Chariot. ...

The Sailboat. ...

The Plow. ...

Time. ...

Astronomy and Astrology. ...

The Map. ...

Mathematics.

What are 5 accomplishments by John Wesley Hanes?

Answers

Answer:

John Wesley Hanes, industrialist and civic leader, was born in Fulton, Davie County. The Hanes family in the United States began with Philip ... 4, 5 (1928, 1941). Winston-Salem Journal-Sentinel, 24 Apr. 1938, 3 Aug

The privatisation Commision sold ________% of PTCL.

Answers

Answer:

26%

Explanation:

PTCL was sold off to the Dubai-based Etisalat (26 per cent stake with full managerial control)

Answer:

the shareholding of Ptcl was reduced to 62%, when 26% of shares and control were sold to Etisalat Telecommunications while the remaining 12%

Was farming a good idea?

Answers

Answer:

Yes.

Explanation:

Farming is good because it provides food and jobs in a society. Industrial farming provides a large amount of food for a relatively low cost. Family farming improves the local land and reduces the family's dependency on commercially grown food and grocery stores. Farming and agriculture is essential to the success of society as a whole.

Answer:

Yh

Explanation:

Farming has really helped the population of the human race. Farming has brought food job and money

Which of the following best describes Thomas Jefferson's purpose in writing the Declaration of Independence?
to incite Britain to go to war with the colonies
to air grievances against the British king
to unite the colonists against the British government
to turn the colonies into a single nation

Answers

Answer:

C. to unite the colonists against the British government

Explanation:

Thomas Jefferson's purpose in writing the Declaration of Independence to unite the colonists against the British government.

Thomas Jefferson drafted the Declaration of Independence to protect America from the British government.Drafting the Declaration of Independence became a vital event in America. His words linked many of the ideas of the Enlightenment. Jefferson also represents the colonists' grievances and their right to fight against the British government. Staying united after the Independence war was vital for the newly formed country as they feared colonization and British monarchy.

Therefore we can conclude that the Declaration of Independence united the colonists against the British government.

Thus option C. is the correct answer.

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What was the significance of Vasco Núñez de Balboa’s sighting of the Pacific Ocean?

Answers

Answer:

In 1513, while leading an expedition in search of gold, he sighted the Pacific Ocean. Balboa claimed the ocean and all of its shores for Spain, opening the way for later Spanish exploration and conquest along the western coast of South America.

Explanation:

Born: 1475, Jerez de los Caballeros

Profession: Conquistador

Nationality: Spain

He saw the Pacific Ocean in 1513 while in charge of a gold-hunting expedition. Spanish exploration as well as conquest all along the western coast of South America were made possible because of Balboa's claim to the ocean and each of its shores.

Who was Balboa?

Spanish conquistador, governor, and explorer Vasco Nez de Balboa. He is well renowned for being the first European to lead a military expedition to have seen as well as reached the Pacific from the New World by traversing the Isthmus of Panama towards the Pacific Ocean in 1513.

He saw the Pacific Ocean in 1513 while in charge of a gold-hunting expedition. Spanish exploration as well as conquest all along the western coast of South America were made possible because of Balboa's claim to the ocean and its entire shores.

Spanish conquistador, governor, and explorer Vasco Nuez de Balboa. His trip over the constricting Panama Canal saw him reach the Pacific Ocean, where he was the very first European to observe this vast body of water.

He is well renowned for being the first European would lead an expedition to have seen and reach the Pacific from the New World by traversing the Isthmus of Panama towards the Pacific Ocean in 1513.

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The Declaration of Independence states "Governments are instituted among Men, deriving their just powers from the consent of the governed." This was a revolutionary change from the system of British monarchy, which was based on the divine right of kings. For which of the ideals of democracy does this quote provide a foundation?

Answers

Answer:

- Popular Sovereignty.

Explanation:

'Popular Sovereignty' is described as the principle of democracy which states that the 'authority/power of a state, as well as, its government must be formed and supported by the concurrence of its people.' It implies that people would choose their representatives themselves. This is one of the most significant principles on which democracy is based as democracy lays key emphasis on the 'consent of the governed.' Therefore, this principle focuses on ensuring the 'power lies with the governed.' Thus, this was a major change from British monarchy as then, the power was held with the kings/rulers but here the authority shifts to the ruled.

Answer: popular sovereignty!

Explanation: just took the test have an amazing day. <3

What is an amendment?​

Answers

An amendment is a formal or official change made to a law, contract, constitution, or other legal document. It is based on the verb to amend, which means to change for better. Amendments can add, remove, or update parts of these agreements.

1. In what time period did the earliest humans live in?

2. In what time period did the homo sapiens live in?

Answers

Answer:

1. The first humans were around five-seven million years ago. These were our very old ancestors. (a bunch of apes) The cavemen you think of who were using stone tools were around 2.5 million years ago.

During Athens' first democracy, the people
were divided based on wealth.
rejected the theories of Solon.
were divided based on education,
embraced the theories of Cleisthenes

Answers

Answer:

Option: were divided based on wealth.

Explanation:

For the first time, democracy introduced in Athens, Greece. Democracy gave rights to the citizens to choose and elect a candidate. Athens introduce direct democracy which allowed all Athenians to vote on rules and laws. Only male citizens were allowed to vote as women, slaves, and children not considered to be citizens of the city-state. People in Athens were divided based on wealth. There were a small number of wealthy, land-owning aristocrats who give rights to chose as they were the elite group with education and knowledge about politics.

Answer:

a

Explanation:

Who is ADAM SMITH ? PLEASE ANSWER

Answers

DescriptionAdam Smith FRSA was a Scottish economist, philosopher, and author as well as a moral philosopher, a pioneer of political economy, and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism''

Answer:

Adam Smith was Scottish economist

Explanation:

Adam Smith was Scottish economist,philosopher and author as well as a moral philosopher a pioneer of political economy and key figure during the Scottish Enlightenment also know as The Father of Economics or The Father of Capitalism also he was born at June 1723 and died at 17 July 1790

what are the two main functions of US government

Answers

A government is an institution through which leaders exercise power to make and enforce laws. A government's basic functions are providing leadership, maintaining order, providing public services, providing national security, providing economic security, and providing economic assistance. (Hope this helps) :)
exercise the power and enforce the laws

A tub filled with 50 quarts of water empties at a rate of 2.5 quarts per minute. Let w = quarts of water left in the tub and t = time in minutes. A 2-column table with 3 rows. The first column is labeled time (t) with entries 0, 2, 4. The second column is labeled quarts of water (W) with entries 50, 45, 40. Choose the correct answers. Which equation models the relationship? Is there a viable solution when time is 30 minutes?

Answers

Answer:

Modelling equation: w=50-2.5t

When t=30, there is no VIABLE solution

Hoped I helped

Put me on brainliest please

Answer:

Answer: w=50-2.5t

Explanation:

Which of the following accurately summarizes an idea of English enlightenment philosopher John locke

Answers

Answer:

Hi There! ^^

Explanation:

the one that summarize an idea of English enlightenment philosopher John Locke is : People have the right to replace government if it does carry out their will

He believed that Government exist to serve its people, not the other way around. So if it does not carry out the people's will, it could e eliminated

Happy To Help! ^^

James Madison, a delegate from Virginia at the 1787 Constitutional Convention, recognized that one of the greatest flaws in the Articles of Confederation was its lack of a strong centralized government. In response to this flaw, Madison developed the “Virginia Plan” which was countered by the New Jersey delegation with the aptly named “New Jersey Plan.” Were either of these plans chosen by the delegation or was there a compromise to appease both sides?

Answers

The correct answer to this open question is the following.

Were either of these plans chosen by the delegation or was there a compromise to appease both sides?

No, these plans were not chosen at the Constitutional Convention of Philadelphia, Pennsylvania, in 1787. James Madison, a delegate from Virginia at the 1787 Constitutional Convention, recognized that one of the greatest flaws in the Articles of Confederation was its lack of a strong centralized government. In response to this flaw, Madison developed the “Virginia Plan.” However, no all the delegates agreed. That is when the Virginia Plan was countered by the New Jersey delegation, proposing the “New Jersey Plan.” The delegates had many discussions and debates to agree on the new form of government for the United States. Federalists supported a strong central government. Antifederalists supported a simpler government that promoted civil rights and liberties. That is when James Madison drafted the Bill of Rights, which is the first ten amendments to the US Constitution.

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