Carnegie and Smith are capitalists. Carnegie argues that Capitalism reflects Social Darwinism and is the correct way to distribute, while Smith argues similarly that attempts to control distribution are unneeded: people acting out of self-interest bring about the best possible scenario. Discuss their respective positions.

Scenario: the economy of country y has been in an economic downturn for the last several months. recently, businesses have invested in new technologies in order to produce the goods that consumers are demanding within the nation's own borders. the government has removed regulations to allow producers and consumers to have more financial freedom. as a result, consumer spending has increased and the economy has begun to improve. use the drop-down menus to complete the sentences. according to the information presented about country y, the classical economic concept of ( the invisible hand, consumer efficiency, government regulations) can be seen. the economic events of country y demonstrate the idea of laissez faire because the government (did, did not) intervene in economic events.

Which statement below accurately describes the carrying capacity of any ecosystem? a. it is not affected by any abiotic or biotic resources. b. it does not affect the species of an ecosystem. c. it is completely dependent upon the food supply. d. it is affected by both abiotic and biotic resources

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