Who is Adam Smith and what did he do for industrial revolution?

Answers

Answer 1

Law, moral philosophy, criticism, rhetoric, and agriculture were among Smith's many areas of interest. With his theories on the division of labor, specialization and trade, and the size of the market, he addressed the core of the industrial revolution and sowed the germ that has grown into the great social science of economics.

Who is Adam Smith and what is he known for?

Scotland's Adam Smith was a philosopher of the 18th century. He is revered as the founding figure of modern economics. The Wealth of Nations, written by Smith in 1776, is his most well-known work. Philosophers, authors, and economists of the 20th century analyzed Smith's writings. Smith made significant contributions to management theory in the areas of specialization and division of labor.

A worker specialized in carrying out one activity that was a component of a longer list of duties that would result in the production of a product thanks to the division of labor. Smith was the first to understand that economics should focus on both the production and distribution of wealth.

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Related Questions

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Answers

Answer:

your point is too much bad ...........

how are wages determined in the labour market

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Answer:

In a competitive labor market, the equilibrium wage and employment level are determined where the market demand for labor equals the market supply of labor. Like all equilibrium prices, the market wage rate is determined through the interaction of supply and demand in the labor market.

Explanation:

The point where the labor supply and demand curves converge to form an equilibrium is where the wage rate is set.

What do you mean by the labour market?

The space where workers and employers interact is called a labour market. In the labour market, employees fight for the most fulfilling jobs and companies seek to hire the best candidates.

An economy's labour market runs on supply and demand for labour. In this market, the supply of labour is provided by the workers, while the demand for labour is represented by the enterprise. Changes in bargaining power have an impact on the supply and demand of labour in the market.

Because employees are a crucial component of the production process, employers want labour. To convert inputs into output, employees use tools and equipment. Employers couldn't manufacture goods and services and make money without people.

Therefore, the point where the labor supply and demand curves converge to form an equilibrium is where the wage rate is set.

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PLEASE HELP!!!
What are the pros and cons of a constitutional republic?

Answers

The pros of having a republic type of government, include widespread cultivation of civic virtue, increased liberty and just laws.

The cons include mass corruption and government inefficiency.

Why do you think prehistoric people moved from one place in the America's to another instead of settling in one location?​

Answers

Answer:

Drought, flood, and temperature changes could certainly push people to move on. Climate change also affects the food supply, and anthropologists have assumed that people came to the Americas because they were following food on the hoof.

Explanation: nver been wrong

the word occupied as used in the passage means to reside or live in paraphrase the term owner-occupied home
by The Way I need a Real Answer Not a Link!

Answers

Owner resides in the home

Why did the government have to make assignments for each radio station?

Radio stations wanted to be separated.
There was too much interference.
People couldn't find the radio stations.
The satellites were mixing the signals.

Answers

Answer: People couldn't find the radio stations.

Explanation:

Every radio station is assigned a frequency on which they are to broadcast. These frequencies identify the radio stations such that people are able to find them by just going to that frequency.

This was the main reason why the government had to assign radio frequencies. Initially, radio stations took on different frequencies and finding them could be cumbersome as they sometimes changed. By assigning one frequency to a station, listeners could always find it there.

Answer:

People couldn't find the radio stations

Explanation:

Which of the following was a result of the peace in Asia in the thirteenth and fourteenth centuries under Mongol rule?
A.
Islam's influence expanded into China.
B.
The four khanates rejoined to form one empire.
C.
Trade along the Silk Road increased.
D.
Vietnam and Japan became a part of China.

Answers

Answer:

The correct answer is Choice C.

(Trade along the Silk Road increased.)

Explanation:

Hope this helps!

Please mark me as Brainlineast.

Brent is taking part in an experiment in a cognitive neuroscience lab. Silently, he reads rapid sequences of words flashed on a computer screen. The electrical activity of his brain is simultaneously recorded through skull electrodes. The technique used in this study is: Please choose the correct answer from the following choices, and then select the submit answer button. positron emission tomography (PET). magnetic resonance imaging (MRI). functional magnetic resonance imaging (fMRI). an electroencephalograph (EEG).

Answers

Answer:

electroencephalogram (EEG)

Explanation:

The Electroencephalogram

This is an instrument use in determining or measuring of the electrical activity of the brain. It measures from the surface of the scalp that enables us to measure the generalized activity of the cerebral cortex. Its strength is determined by the amplitude ot he device. It is is used to help diagnose certain neurological conditions that is seizures of epilepsy and for other research purposes.

EEG as it is called for short simply measures electrical activity generated by the brain. It measures the voltage generated as a result of the current that flow during synaptic excitation of the dendrites of many pyramidal neurons in the cerebral cortex that is found beneath the the skull and comprises of most of the brain's mass.

Which option describes how Japanese Americans were impacted by wartime policies during World War II?

They gained widespread fame in American society.

Many received large sums of money from the government.

They finally secured the right to vote.

Many lost their jobs and homes.
ASAP IM TIMED

Answers

Answer:the last option, Many lost their jobs and homes

Explanation:

25 POINTS !! CER: Should schools take a more active part in teaching Women's History during Women's History Month? ( I need at least 5 sentences)

Answers

Answer:

Yes, because women around the world have created a huge mark in history, no wonder why there is women's history month. In addition, all of the achievements by them are not being recognized enough especially in school, a place where education matters. Furthermore, if the school's across the country actually taught the subject, then sexism would reduce tremendously which will ultimately improve the community.

Explanation:

14. What organ contracts when you breath in (inhale) and is a muscle just below your lungs?


diaphragm

trachea

liver

stomach

Answers

Answer:

Diaphragm

Explanation:

The Diaphragm expands to help allow lungs absorb as much air as possible

Which statements describe the system of sharecropping following the Civil War? Choose three correct answers.
Sharecroppers stayed in debt.
O Sharecroppers made a large profit.
Landowners put liens on crops.
Landowners sold goods through farm stores.
Sharecroppers bought their land with cash.

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Answer:

Sharecroppers stayed in debt.

Landowners put liens on crops.

Landowners sold goods through farm stores.

Why was it important for citizens to participate in the Assembly?

to have a say in the creation of rules
to select leaders to run the government
to have enough people available for a fair jury
to ensure that enough people were in the army

(no links please)

Answers

Answer:

the answer is to have a say in the creation of rules

Answer:

the answer is to have a say in the creation of rules

Explanation:

Write any one method to make localization effective​

Answers

Answer:

Here's 5 methods

Explanation:

Every corporate message (including this one!) is carefully crafted by a writer to express a particular idea. That writer uses phrasing and cultural references both to make a certain point and to create and sustain a brand voice.  A clear brand voice helps potential clients understand your corporate identity. It's what gives your brand a consistent personality across different content types and media platforms.  If you translate words and sentences but don't go any further, you can't maintain your brand voice in different languages. Localization, however, makes your message relevant to local customers in different markets around the world. Localizing content allows you to connect on a more personal level with every customer—even those who don’t speak your brand’s native language.  And we know that today’s buyers around the world seek personalized experiences from the brands they support. Build engagement by personalizing your message for every customer in every market with localization.   Different cultures have different tastes, and a company's marketing material needs to reflect these variances. For example, a retailer that markets to young women in the US is probably used to emphasizing the latest trends and focusing on low prices to encourage consumers to keep up with changing styles. If that company moves to the French market, however, it may have to focus more on a timeless aesthetic and on quality pieces that fit each customer's personal style.  Differences in belief systems are also key for global marketers to understand. One might not expect a hamburger chain to succeed in India, where many people consider cows sacred, but McDonald’s made it work. They kept beef and pork out of their Indian locations and replaced the “Big Mac” with the “Maharajah Mac.”  McDonald’s also thought about what Indian diners wanted to see from their restaurant to engage these buyers specifically. Thus, they introduced the “Aloo Tikki Burger,” which bears a striking resemblance to traditional Indian street food.  These steps, while complex and effort-intensive, paid off: they meant the chain’s menu and advertising presence were optimized to suit the local culture. This, in turn, drove Indian consumers to engage with the brand and ensured its success.   In a study by Common Sense Advisory, more than 72 percent of consumers reported that they preferred shopping on websites that used their native language. 55 percent buy exclusively from those sites.  That's easy to understand. After all, why would anyone buy a product if they couldn't fully understand its description? Localization fixes this problem.  Localization is just as important between dialects as it is between languages. For example, if a British bank entered the US market, it would have to stop marketing its “cash points” and start referring to “ATMs.”  When you localize your content, you’re sending your customers a clear message: you care about communicating with them. Content sounds much more familiar and comfortable when it's in the audience's native dialect. When you accommodate their preferences and customs, you show a level of sensitivity and respect that inspires engagement.   What's perfectly ordinary in one culture can be very insensitive in another.  For example, advertisements for baby care products often include pictures of an infant's feet. Western audiences tend to see those pictures as pure and innocent. But in many Islamic countries, it is extremely impolite to photograph the bottoms of anyone's feet. Buyers in these countries might not respond well to certain ads originally created for western audiences.  Translated text can cause problems as well. Stories abound of companies that translated their slogans literally, with unfortunate results.  Mistakes like these, however innocuous they might seem, can be immensely offensive to local communities and damaging to companies’ brand reputations. However accidentally they occur, they send a message that the brand does not understand its consumers. Skilled localization can help global marketers send the intended message while avoiding bad publicity and resentment from the local markets they strive to engage.  When the Nieman Journalism Lab experimented with targeted social media posts, it found that locally-targeted content performed six times better than posts with global shares.  According to Lathan Fritz, founder of Amerisales, geo-targeting is effective because “it connects more deeply with prospective customers than a generic advertisement.”  If a company localizes its customer messages instead of just translating them, it makes their audiences feel more personally connected and engaged. That's why at Lionbridge, we make sure that content resonates with customers on every level, from the type of images we feature all the way to the words our experts select when completing translation.

where did the carib and Arawak people live prior to the arrival of Europeans?

Answers

Answer:

They settled on a number of the Caribbean islands, where they lived by farming. They are often known as the Taino and the Igneri. Later migrants, the Carib people, moved into the Caribbean islands and in some places pushed out the Arawak people.

Explanation:

The Arawaks lived in Guyana

The group that self-identified as the Arawak, also known as the Lokono, settled the coastal areas of what is now Guyana, Suriname, Grenada, Jamaica and parts of the islands of Trinidad and Tobago.

what were the consequences that nepal had to suffer after the singing of the sagauli treaty​

Answers

Answer:

The Anglo-Nepal war or the treaty, in particular, had the following consequences. Nepal was obliged to surrender 1/3rd of the total land to the company. Nepal lost the cold areas like kumaon, Gadhwal, Nainital, and Darjeeling.

Explanation:

describe a situation in which you were asked to give permission to someone else for something

Answers

Answer:

when one of my children needs permission to go on a field trip for school I have to sign a permission slip.

if somebody asks me permission to speak freely and I said no they would be disrespecting me if they continued but if I said yes I could then say what they want without me taking it offensively

why did three groups file a lawsuit about the new election bill?

Answers

Answer:

Flamingo is the best add me so we could play im a big fan of you like heres my user Certi1k

Explanation:

Think about your town or neighborhood for a minute. How do you think your town could reduce obesity? What do you think would need to change in your town or neighborhood?

Answers

Answer:

You could open more health stores, and or, gyms. You could also give out flyers with healthy recipies!

Explanation:

hope this helped lol

What is the slope of the line that connects the points (0,7)
and (4, 15)?

Answers

Answer: m = 2 !!!!!!!!

The Tang helped promote buddhism throughout China by
a. Officially banning all other belief systems
b. Mandated the Buddhist themes be included on all Civil Service Exams
Provided tax breaks for lands with Buddhist temples
d. Adopting the Buddhist Calendar as the official Chinese calendar
C.

Answers

Answer:

Option A

Explanation:

In early days of China, the belief of Confucianism was prevailing that later disillusioned (disappointed) people and was unable to keep order in China and following this the empire of China broke into smaller pieces. People got embraced with Buddhism, a new religion as it believes on "end to suffering"

Later on, Buddhism was officially made the one and only belief system of China.

Hence, option A is correct

difference between bank and co-operative?​

Answers

Answer:

A commercial bank is a bank that is formed for the commercial purpose and hence its primary aim is to earn profit from its banking business. On the other hand, cooperative banks are owned and operated by the members for a common purpose, which is to provide financial service to agriculturists and small businessmen.

Why do you think it took almost a century for another African American to be elected to the Senate?

Answers

Slavery was not abolished until the 1800s and even then segregation was a problem for a while
People today are still racist so it comes to no surprise that a person of color took time to be elected into the senate

write a paragraph about the battle of bunker hill. and write it in brainly.

Answers

Answer:

The Battle of Bunker Hill passed off on June 17, 1775, only some months after the begin of the American Revolutionary War. ... The British determined to take two hills, Bunker Hill and Breeds Hill, a good way to advantage a tactical advantage. The American forces heard approximately it and went to guard the hills.

Explanation:

What is the approximate population of Oceania as of 2020
(A)30,000
(B)500,000
(C)43,000,000
(D)1,000,000

Answers

Answer:

C , "43,000,000"

Explanation:

The strategic reasoning behind Japan's attack on the US Pacific Fleet in Pearl Harbor was to cripple the US Navy A) in retaliation for US trade restrictions against Japan. B) to prevent the United States from joining World War II. C) so that Japan could gain dominance of the Pacific region. D) to prove Japan's military prowess to the other Axis powers.

Answers

Answer: C) so that Japan could gain dominance of the Pacific region.

Which theorist believed that modern society produced anomie, a confusing, rule-less state? Group of answer choices Jane Addams Max Weber Emile Durkheim Karl Marx

Answers

The answer is Emile Durkheim

What is the ethnic heritage in South Asia?

Answers

The majority of the population fall within three large linguistic groups, Indo-Aryan, Dravidian, and Iranic peoples.

Was the treaty of Versailles a just and fair treaty?

Answers

it was fair in the sense that it is the peace treaty. its main aim was to take germany's armed forces and colonies as it protected the rest of the world in the short term and punished them.

Explanation:

from history book

Explanation:

The treaty was fair in the sense that it could be justified by the allied powers...the treaty could be justified but that didn't make it just.By imposing such harsh treatment of thier opponent in world war l, the allies ensured that Germany would continue to be thier enemy in world war ll.

Which of these correctly describes an affect of the compromise of 1850 an escaped salve and freedom

Answers

Answer:

- Members of both groups were captured under the Fugitive Slave Law.

Explanation:

The above statement correctly outlines the impact of the settlement of 1850 made between freedmen and the runaway slaves. At the time of the Mexican-American War, this agreement controlled the position of both and they both were entitled to additional rights. However, slavery was terminated in Washington D.C. and California became a part of the Union as a liberal state but the 'Fugitive Slave Act' declared that all the slaves must be returned back to their masters and compelled the free states' people to cooperate in it. This led to capturing of both the freedmen, as well as, the slaves.

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