cynthia1099
cynthia1099 cynthia1099
  • 26-01-2017
  • History
contestada

What were Adam Smith's 3 natural laws of economics?

Respuesta :

ssethupathi2019 ssethupathi2019
  • 26-01-2017
1) The law of self interest - when people work for themselves and their own good
2) The law of competition - people make better products because of competition
3) The law of supply and demand - enough goods would be produced or supplied at the lowest price to meet the demand in a market
Answer Link

Otras preguntas

A bag holds 5 pounds of pet food. If Paul uses the 5 pounds of food to fill 6 plastic containers equally, how much pet food will each container hold?
Sally runs for 5 miles. She drinks one bottle and 4/5 a bottle of water for every mile. If she runs for 3 more miles, how many bottles of water will she have dr
When a company brings capital and/or technology to a host country, the host country benefits from the: balance-of-payments effect of FDI. competitive effect of
Which statement about this graph is not true?
As Charlemagne's Frankish kingdom began to decline in the early 900s C.E., there was a need for some kind of organized government in much of Europe. This need w
Help please!! Cofunctions of complimentary angles cos(34°) = sin(?)
pls help me, thanks! x
What state would be formed because of the disagreement about slavery within Virginia?
The following proportion could be used to change from feet to which measure? 1/12 = 2/x A. inches B. feet C. yards D. miles
when is ne birthday​