In the following statement, Adam Smith comments on the individual who uses domestic industry and labor. Use Smith's statement to answer the question below:
"...he intends only his own security... he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention... By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it."
Source: An Inquiry into the Nature and Causes of the Wealth of Nations
How does Smith's view of the economy expressed in this excerpt compare to Owen's?
Answers: 2
History, 22.06.2019 05:00
Wiiy is limportant to consider the historical context surrounding an event when making a historical interpretation? o a. a conclusion that does not consider context is a generalization rather than an interpretation. b. historical interpretations are not valid if they are written in a similar context as the event. o c. every historical interpretation must consider the long-term consequences of an event. o d. the setting of an event can provide insight into why it happened.
Answers: 3
History, 22.06.2019 08:30
Brainliest asap!me : ) has anyone read the poem, no, love is not dead? ? i have a question about it .. : )
Answers: 3
In the following statement, Adam Smith comments on the individual who uses domestic industry and lab...
Mathematics, 20.10.2020 09:01
History, 20.10.2020 09:01
Mathematics, 20.10.2020 09:01
Mathematics, 20.10.2020 09:01
History, 20.10.2020 09:01
Mathematics, 20.10.2020 09:01
Spanish, 20.10.2020 09:01
Mathematics, 20.10.2020 09:01
World Languages, 20.10.2020 09:01
Mathematics, 20.10.2020 09:01
Medicine, 20.10.2020 09:01
Chemistry, 20.10.2020 09:01