According to Smith, what are a ruler's three basic duties? Note that he does not describe any duties regarding businesspeople. Assuming that he left this out on purpose, how do you think Smith believes governments should act toward businesses?

Answers

Answer 1

Adam Smith (1723 – 1790) was a Scottish economist. In 1776, he published The Wealth of Nations, which became the foundation of modern economics.

Smith saw the first duty of government was to protect the nation from invasion. Next, he supported an independent court system and administration of justice to control crime and protect property. Finally Smith favoured a system of “public works” that profits-seeking individuals may not be able to efficiently build and operate.

At the beginning stages of industrialization, Smith recognized that repetitive factory jobs dulled the minds o workers. Smith wanted all classes, even the poorest, to benefit from the free-market system. This is why I think  Adam Smith would agree with government interventions with businesspeople like Social Security, minimum-wage laws, child-labour laws and anti-monopoly laws.

Answer 2
Final answer:

Adam Smith believed rulers have duties of security, justice, and maintenance of public institutions. Regarding businesses, Smith supported the laissez-faire approach, to let market forces guide economic decisions. However, he also recognized the necessity of some governmental regulations to ensure fair market operations.

Explanation:

According to Adam Smith, the philosopher and economist, a ruler's three basic duties are security (building roads and providing for national defense, for example), justice, and maintenance of public institutions. As for businesspeople and businesses, Smith believed in the laissez-faire approach - he thought that a government should not interfere with business activities and let the 'invisible hand' of the market guide economic decisions which ultimately benefits both the individual and the society. As he advocated for the reduction of government regulations and tariffs, it is safe to assume he would have been against policies that are too controlling on businesses.

On the other hand, while Smith believed in the power of the market, he also recognized the importance of government regulation in curtailing harmful business practices. For instance, he would have supported laws that prevent monopolies or business practices that keep prices artificially high. In conclusion, while Smith believed in the minimization of governmental interference in economic affairs, he also recognized the importance of some regulations to maintain efficient and fair market operations.

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Related Questions

Do you think the parents of the children who were lost during the Children's Crusades could love their enemies?

Answers

It is possible that in time they could find forgiveness in their hearts for their enemies. They would probably never forget but it is possible to forgive.

How were different civilizations connected through trade? What effects did trade have on these civilizations? Do you think these effects were mostly positive or mostly negative? Why?

Answers

Civilizations connected through trade first via trading tools with other nearby communities then it evolved into trading more goods such as foods crops and weapons. Then with boats this allowed technology and customs to travel for example Egyptian sculptures influencing Greek art work and the silk road. This helped humanity since a example of isolation was japan until the Miji Restoration. Humanity needs trade in order to communicate and get things they cannot make in their region of the world.

Answer:

civilizations connected through trade first via trading tools with other nearby communities then it evolved into trading more goods such as food crops and weapons. boats allowed technology to travel. this helped humanity, humanity needs trade in order to communicate and to get things we ourselve cannot make ourself.

Explanation:

What roles did minorities and women play in the armed forces during world war 2

Answers

Women and minorities were an important part in World war 2, and had important roles based on that (Minorities served in the military). African Americans filled various roles; enlisting in the military, serving as pilots, nurses, and administrative workers. Moving north to fill jobs. Native Americans often fought in combat and faced racial tensions. Many Mexicans fought in the war while others came to work on farms or jobs similar. Women took many jobs as men were serving (which is where the famous poster "We can do it!" came from). Japanese Americans were placed into internment camps such as Manzanar while few were serving in the war. Minorities were also code talkers. As help was neededin the war, minorities were called to serve signaling a fight against both Fascism and racism.

how can you tell if labor is scarce?​

Answers

I would say in a general overview, that if workers are always being looked for to do a job, that labor is scarce. Look at welding for example, there is always a need for welders. When, in the United States, a job is vital, the government might even offer grants to get more people into the labor force, so you could tell that way.

Final answer:

Labor scarcity can be detected when there is an excess supply of labor, i.e., the quantity supplied exceeds the quantity demanded. This often happens during a recession. Factors such as job desirability, government policies, worker numbers, and required education levels can contribute to labor scarcity.

Explanation:

There are a few key indicators that labor is scarce within an economy. Primarily, labor scarcity can be detected when there is an excess supply in markets; in other words, the quantity of labor supplied exceeds the quantity demanded. This is typically associated with situations where many labor markets and goods markets face similar issues, often indicating a recession. Firms are unable to sell what they produce at existing market prices and do not want to hire anyone who is willing to work at the given wage.

There are also certain factors that can contribute to or exacerbate labor scarcity, such as how desirable a job seems to workers in comparison to other options, government policies that either restrict or promote the quantity of workers trained for specific jobs, the overall number of workers in the economy, and the levels of education required.

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Which description BEST describes why settlers would have chosen to migrate to the New World?
A) the threat of overpopulation in England
B) too much religious freedom in Great Britain
C) the threat of invasion due to the French Revolution
D) financial success and economic opportunity found in the new world

Answers

____________________________________________________

Answer:

Your answer would be D). financial success and economic opportunity found in the new world

____________________________________________________

The description that BEST describes why settlers would have chosen to migrate to the New World would be financial success and economic opportunity found in the new world.

____________________________________________________

Definitions:

New World:

Places that are in the Western Hemisphere of the world, this is specifically talking about places like the Americas.

____________________________________________________

Explanation:

The reason why "D). financial success and economic opportunity found in the new world" would be the correct answer because settlers wanted to migrate, or move, to a place which they could get things like jobs, and become successful, and the places in the New World (The Americas) is the perfect place for them.

The reason why they called it the "New World" is because they originally though that the world only had Europe, Asia, and Africa, they now refer to those places as "The Old World" The Americas had a lot of opportunities for people to get jobs, that's the reason why people wanted to migrate to the Americas because they wanted better job opportunities, which would help support them with their needs.

Another reason why settlers wanted to migrate to the New World is because it would give them financial success. This means that the people that migrate to the Americas would be financially stabled, meaning that they got enough money to keep the away fro heavy debt. These are the reasons why settlers chose to migrate to the New World.

____________________________________________________

Why the other answer choices are incorrect:

The reason why answer choice "A) the threat of overpopulation in England" is incorrect because:

This was NOT a reason why the settlers would have chosen to move to the New World. People during the time didn't really care about how many people were currently living in England, they just wanted a place where it's financially beneficial. This is the reason why this answer choice would be eliminated.

The reason why answer choice "B) too much religious freedom in Great Britain" is incorrect because:

This was NOT a reason why the settlers would have chosen to move to the New World. There was actually not so much freedom in religion in England, therefore the people, especially pilgrims, moved because they wanted more freedom to practice their religion. This statement would be incorrect because of the fact that there was actually not a lot of religious freedom. This is the reason why this answer choice would be eliminated.

The reason why answer choice "C) the threat of invasion due to the French Revolution " is incorrect because:

This was NOT a reason why the settlers would have chosen to move to the New World. Great Britain's military was pretty powerful during the time, so the people that were currently in Britain didn't worry about people invading Britain due to the French Revolution. This is the reason why this answer choice would be eliminated.

____________________________________________________

-Julie

What advances in transportation were made in the early 1800s?

Answers

the steamboat and the train. Hope this helps

Steam boat, train, and the bicycle

what is another name for a line graph?

Answers

Another name for a line graph is a Slope Graph.

Read these lines of poetry:

And the rockets’ red glare, the bombs bursting in air,
Gave proof through the night that our flag was still there.

In which poem do these lines appear?


A "I Hear America Singing"


B "This Land is Your Land"


C "The Star-Spangled Banner"


D "America the Beautiful"

Answers

option c is appropriate. for me

The lines mentioned appear in “The Star-Spangled Banner,” written by Francis Scott Key during the War of 1812 after seeing the American flag flying post-bombardment of Fort McHenry, symbolizing America's endurance.

The lines “And the rockets’ red glare, the bombs bursting in air, Gave proof through the night that our flag was still there” appear in the poem “The Star-Spangled Banner”. This poem was written by Francis Scott Key after witnessing the British bombardment of Baltimore's Fort McHenry during the War of 1812 and seeing the American flag still flying proudly the next morning. The poem, which captures the resilience and spirit of the United States, was later set to music and became the national anthem of the country.

“The Star-Spangled Banner” is not just a piece of music, but a profound representation of America’s resolve and unity in the face of adversity. Thus, the correct answer is C “The Star-Spangled Banner”.

What events appear to have caused the Revolutionary government to execute the king?

Answers

Final answer:

The execution of the king during the French Revolution was caused by the revolutionaries' push for a republican government, the radicalization of the revolution leading to the period of the Terror, and the king and queen's attempted escape.

Explanation:

The events that led to the execution of the king during the French Revolution can be attributed to several factors. Firstly, the revolutionaries advocated for a direct representative democracy and saw the monarchy as an obstacle to their goals of establishing a republican government. Secondly, the execution was fueled by the radicalization of the revolution, which resulted in a period known as the Terror. This period of extreme violence against perceived enemies led to the execution of King Louis XVI as well as many other aristocrats believed to be loyal to the monarchy. Finally, the attempt by the king and queen to escape across the border to the Austrian Empire further fueled the revolutionaries' desire to eliminate the monarchy.

What contributions or achievements did ancient Greece make in Visual arts, Science, Architecture, Literature, theater and medicine

Answers

The Greeks made major contributions to math and science.  We owe our basic concept of math to ancient Greek mathematicians.  Some of the first astronomical models were developed by Ancient Greeks.  Hippocrates is a famous Greek physician who established a medical school.  He is credited as being the founder of modern medicine. Aristotle and Plato were 2 Greek philosophers who wrote about biology and drama.  The works of Greek playwrights like Sophocles and Aristophanes formed the foundation upon which all modern theatre is based.

The contributions or the achievements of ancient greek are memorable and very useful in today's world itself. They were more aware and more discoverable as compared to today's generation. They discovered and invented useful things when there were no means for their presence or existence in the world.

The Greeks made major contributions in the education field like maths and science.  We owe our basic concept of math to ancient Greek mathematicians.  Some of the first astronomical models were developed by Ancient Greeks.  Hippocrates is a known Greek physician who established a medical school.  He is credited with the founder of modern medicine. Aristotle and Plato were 2 Greek philosophers who wrote about the subject biology and drama.

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Which artist produced the work shown here

Answers

Answer:

The painting was produced by the Italian artist Raphael

Explanation:

The painting is called Small Cowper Madonna and it was produced by Raphael in 1505. Raphael belongs to the Italian High Renaissance artist.

This work represents the Mary and her Child (Jesus) in a very typical Italian countryside.

Answer:

Raphael

Explanation:

Many whites were scared away from supporting the civil rights movement because of
A) the black power movement
B) the election of Lyndon Johnson
C) the popularity of Martin Luther King Jr.
D) the use of nonviolent protests

Answers

Answer:  The answer is A. i hope this helps

Explanation:

Answer:

A) the black power movement.

Explanation:

Many whites refused to support the civil rights movement, movements that sought equality and justice for African-Americans, out of fear for the inertia and strength that all the various black power social movements in the USA garnished during the sixties and beyond, making black power movements a political power to be reckoned with: this certainly frightened most conservative whites in fear that their own privileges could be lost when in reality all they lost was the unique opportunity to make their society a more just society.    

which of the following best describes a free enterprise economic system​

Answers

The best choice is It is a mixed economy with equal amounts of economic freedom and government intervention.

hope this helps

Answer:

People are free to shop for the best price on products because there is open competition.

35 POINTS! Describe the different measures taken in the new south to disenfranchise african american votes? ​

Answers

It was the 15th Amendment pretty much granted African Americans to vote. Although, this was just for men. In 1965, the debate officially began to see if Black Men could officially vote. It ended being the same, making it so only whites can vote. As you've probably seen, as whites would sit on a bus they could even get arrested. For that case, it started protests and much more.

The 15 amendment guaranteed the right for African people to vote (men’s)

By the time American troops entered world war l, the Allies

Answers

I don't know what you mean by this

Final answer:

When the U.S. troops entered World War I, the Allies were locked in an exhausting war with the Central Powers. The majority of the American troops arrived in the summer of 1918, providing the Allied forces a significant numerical advantage. The United States' entry provided a vital boost to the Allies, helping them garner victories and eventually push Germany to surrender.

Explanation:

By the time American troops entered World War I, the Allies which consisted primarily of France, Britain, Russia, and later the United States, had been engaged in a long and grueling fight against the Central Powers – Germany, Austria-Hungary, Ottoman Empire, and Bulgaria. Fatigued and with diminishing resources due to the prolonged period of the war, the arrival of fresh troops from the United States was welcomed as a critical reinforcement towards the end of the war.

The Allies had been struggling with a war of attrition, and the entrance of the United States played a crucial role in tipping the balance in favor of the Allies. The first mass of U.S. troops arrived in summer 1918 and their arrival helped propel Allied victories by the latter half of 1918, pushing Germany to the brink of collapse. Given the sheer number of the Allies forces relative to the Central Powers, it was a battle of numbers the Central Powers could not sustain for long.

Despite initial reluctance to join the war, the United States entered the conflict on the side of the Allied Powers in April 1917. They were pushed to join by several factors, including the sinking of the Lusitania and the Sussex and the publicized German offer of an alliance against the United States which angered many Americans.

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Which is an example of absolutism under King Louis XIV?

a)persecution of European Jews
b)convening of the Inquisition
c)construction of Versailles
d)meeting of the estates-general

Answers

Convening of the inquisition was an example of absolutism under King Louis XIV.

Convening of the Inquisition is an example of absolutism under King Louis XIV. Hence, option B is correct.

What did King Louis XIV do?

From 1643 to 1715, Louis XIV ruled as king of France. He elevated the French monarchy to its highest point of absolute power and established France as Europe's leading power.

The greatest period of French culture and art is also seen as occurring during his reign.

Thus, option B is correct.

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Which of these most directly forces people to choose how they will use resources?

A. Entrepreneurs

B. Opportunity Costs

C. Scarcity

D. Voluntary Exchange

Answers

Scarcity is the economic term that forces people to choose how they would use their resources.

The term scarcity means that the goods that are available to take care of the needs of man are limited.

When one has limited resources, they would have to choose wisely on how to use their limited resources optimally.

The concept of scarcity tells the producer that he has to decide how and what he should produce from the limited resources that he has at his disposal.

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why did Cesar Chavez go back to working as a farm laborer again?

Answers

He wanted to change things conditions for farm workers were very bad .

Answer:

He went back to the farm so he could fight for the rights of farm workers

Explanation:

Cesar Chavez believed that farm workers needed a union. He became the head of the United Farm Workers Union.The Union workers joined together to fight for their rights, help farm workers receive better treatment and better pay and proposed strike for workers whose owners refused to change the conditions.

The 54th Massachusetts infantry had this impact on public opinion

Answers

Correct answer: B is the correct answer.

Explanation: the 54th MA Infantry was an all African-American group of soldiers whose bravery showed white Americans that African-Americans could fight as bravely as white soldiers.

which statement best describes a common feature of both french and american revolutions

Answers

The French and American revolutions present the following similarities

Both revolutions occurred in response to the political and economic measures imposed by monarchies. For the American Revolution by the King of England George III and by the reigning monarchy in France.

In the two revolutions they were influenced by the ideas of the Enlightenment, which was a cultural movement of the Renaissance in the eighteenth century that proclaimed the freedom of the human spirit, had great influence.

In both scenarios, strong tax measures or tax burdens were more severe for the colonists of America and the less privileged class of France.

What are the origins and central ideas of Sikhism ? How did the Mogul empire impact the development of Sikhism

Answers

Sikhism is a monotheistic religion (that DID NOT reject Hinduism and Islam, but instead many Sikhs refused to CONVERT FORCEFULLY. Now the indian constitution allows freedom of religion and considers it as the third most important civil liberty.) Many Sikhs were killed by the mogul empire due to their refusal to convert to islam.

the mogul empire impacted the development of Sikhism by killing large numbers of sikhs and eventually criminalizing following the religion.

Sikhism is a monotheistic religion that originated in the Punjab region of South Asia in the late 15th century.

What is the origin of Sikhism

Sikhism was founded by Guru Nanak Dev Ji, who was born in 1469 in present-day Pakistan. Guru Nanak Dev Ji preached a message of love, equality, and devotion to a single formless God.

The central ideas of Sikhism revolve around the concept of "Ik Onkar," which means "One God." Sikhs believe in the oneness of God and the equality of all human beings. They emphasize the importance of leading a righteous and ethical life, practicing selfless service, and meditating on God's name.

The Mogul Empire, led by various emperors, including Babur, Akbar, and Aurangzeb, had a significant impact on the development of Sikhism. The Mogul rulers' policies towards religious minorities, including Sikhs, varied throughout their reigns.

Under Emperor Akbar's reign, there was a degree of religious tolerance, and Sikhism faced relatively little persecution. However, the situation changed during the reign of Aurangzeb, who imposed strict Islamic policies and sought to suppress other religious practices, including Sikhism.

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What are four outcomes of world war 2

Answers

Collapse and fall of Nazi Germany, Fascist Italy and the Japanese Empire. Europe was devastated and in a severe crisis. Fortunately, the United States would approve the so-called Marshall Plan, which helped alleviate the state of postwar Europe and regenerate its economy. Creation of the UN and the Declaration of Human Rights. Beginning of the Cold War, commanded by two great blocks: the capitalist block headed by the US and the communist of the USSR.

which statement best describes the effect of world war 1 on Russia ​

Answers

The effects of WW1 on America were wide-ranging covering the political, economic and social impact the Great War had on the United States. Unlike the countries of Europe, the factories and home of the US had not been destroyed.

Plz answer this question

Answers

I did my best to match these up! I hope they're all correct!

1. linear unit

2. area

3. dimension

4. plane shape

5. square unit

6. perimeter

7. closed shape

1- linear unit

2- area

3- dimension

4- plane shape

5- square unit

6- perimeter

7- closed shape

I hope this helps.

How did muslims help to preserve classical learning?

Answers

They want to teach there kids the importance of Islam

Answer:

Muslims scholars of this time borrowed and advanced the learning of classical Greece and other ancient society.

how did the Springer amendment help the boomers?
A. it opened the unassigned lands for settlement
B. it added lands from other states to Oklahoma
C. it divided tribal lands into individual allotments
D. it reduced the cost of buying land for settlement ​

Answers

The Springer Amendment benefited the Baby Boomers by lowering the price of purchasing property for settling ​ thus option (D) is correct.

What is an Amendment?

The term amendment is a change or addition to the terms of a contract or document. An amendment is often a component or correction that leaves the original document considerably intact. In government and law, an addition or alteration is made to a constitution, statute, assembly bill, or resolution. The amendment for human rights is also for it.

According to the constitution, the first amendment justifies the freedom of the citizens to the freedom of speech and Freedom of expression, including freedom of religion and freedom of peace is there in the amendment. As well as these amendments are in the constitution as well.

Therefore, option (D) is correct.

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Final answer:

The Springer Amendment was instrumental in aiding the Boomers by opening the unassigned lands for settlement, which fits with the broader U.S. policy of allotting land to individual settlers during the era.

Explanation:

The Springer Amendment played an important role for the "Boomers" by opening the unassigned lands for settlement. This amendment, along with federal policies like the Homestead Act of 1862 and the Dawes Act of 1887, was part of a broader movement of westward expansion and settlement in the United States, where the government aimed to transfer lands from collective, communal, or Native American ownership to individual settlers. Option A is correct; the Springer Amendment opened the unassigned lands for settlement, which greatly benefited the Boomers who eagerly sought to claim land.

Of people reported driving within two hours after drug or alcohol use

Answers

28% is the correct answer

Which statement best describes the impact of the freedmens bureau A)it failed to attract former slaves to northern states
B) it was not successful in sparking trade between the north and the south
C)It failed because it did not offer education opportunities to former southern slaves
D) it was unsuccessful in bringing about unity and understanding of the races after the Civil War

Answers

I think the answer is B.

Hope this helps.

Answer: D

Explanation: I did it in USA test prep

what was a goal of progressive reformers at the local level of government ?​

Answers

Curb the power of political machines.

The goal of progressive reformers who were involved in local government was to curb the dominance of the political machines.

Who were the progressive reformers?

A group of individuals with political relevance, who work in close connection to solve the social problems in the society at local or regional levels, were known as the progressive reformers.

Hence, the significance of progressive reformers is given above.

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How did the U.S. government policy of internment affect thousands of japanese americans on the west coast of the U.S.?

Answers

Because they were separated from their families and some were sent far away from families

Answer:Gradpoint: Japanese americans were temporarily imprisoned in isolated locations.

Explanation:

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