Smith and marx Study guides, Class notes & Summaries

Mercantilism dominated which centuries of the political economy? correct answers 17th and 18th centuries. Three main premises of mercantilism correct answers State power and wealth are connected, trade created wealth but only when a state sold more than it bought and some forms of economic activity better than others. What prompted Liberalism? correct answers Emergence of industrial revolution with market capitalism. Who is the key actor of Liberalism? correct answers Adam Smith. ...

abolitionism the end of slavery Abraham Lincoln first Republican president; an abolitionist elected in 1860; his election triggered Southern secession. He led the country through the Civil War, but he was assassinated in 1865 before Reconstruction truly began. absolute location a location identifiable by specific geographic coordinates absolute monarchy unrestricted rule by a king or queen Adam Smith economic theorist who espoused capitalism Alonquin nort...

Mie 201 Makanui Chapter 1Business - correct answer tries to earn a profit by providing products that satisfy people's needs Products - correct answer the outcome of a business's efforts; can have tangible and intangible characteristics; goods, services, ideas profit - correct answer the primary goal of business; difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations - correct answer do not have the fundamental purpose of ear...

Which font do you use? Times new roman Is it double or single spaced? double Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen is there extra space between paragraphs? no What size is the font? 12 point When do you include the website in the citations? Only if it can't be found otherwise How do you cite short passages from a text? with the author and the page number how d...

AMSCO AP WORLD HISTORY MODERN, Topic 5.10What resulted in a leadership role in industrialization? - correct answers Access to lots of natural resources, trans-oceanic trade routes & capital combined with an increasing population Scientific Revolution - correct answers Influenced by scientific knowledge transferred from the Islamic World to the West; helped bring about inventions that'd lead to the establishment of the factory system & mass production What did automation cause? - correct a...

1455 - ANSWER-Printing press (J. Gutenberg, Germany) 1492 - ANSWER-Columbus/Reconquista of Spain 1517 - ANSWER-Martin Luther/95 theses - Protestant Reformation 1555 - ANSWER-Peace of Augsburg ends religious war in Germany; Charles V abdicates 1598 - ANSWER-Edict of Nantes ends French religious wars 1600 - ANSWER-Dutch East India Company founded 1648 - ANSWER-Peace of Westphalia ends Thirty Years' War 1688 - ANSWER-Glorious Revolution in England (William and Mary rule) + Bil...

TEXES Social Studies 232 Latest 2023 Already Passed Montesquieu Three branches of government with checks and balances Voltaire Importance of freedom of speech, religion, press Locke Two Treatises, people have natural rights and right to rebel Full Employment Allows for up to 4% unemployment Money Market Funds High rate of return, safe investment Certificates of Deposit High rate of return, safe, have to invest for set period of time Stocks Risky investment, but highest rate of return Musl...

BSNS 111 - Exam Prep Questions And Correct Answers. Over 280 Questions And Correct Answers. With Complete Verified Solution Updated 2024. Bullseye (Sustainability Model) 1. Economy 2. Society 3. Environment Friedman Doctrine Maximise profits, but do so within the rules of the game. Rules of the game Refers to rules which are unwritten, e.g. ethics and attitude, and those laws by govt. Invisible Hand Adam Smith - everyone acting in their own self interest will positively effect societ...

Joseph Schumpeter - Answer-"Capitalism, Socialism and Democracy", capitalism as a method of evolution, Theory of Economic Development Walter Williams - Answer-"Race and Economics", "The State Against Blacks", for free market economics and against government intervention, laissez-faire capitalism, government minority programs have been more harmful than helpful to minorities Adam Smith - Answer-the invisible hand theory, specialization of certain tasks to each person in a corporation ...

Adam Smith - Answer-1723 to 1790; Scottish; The founder of ECONOMICS as we know it. Born in Kirkcaldy, Fife, Adam Smith (1723-90) was educated at Glasgow and Oxford, and in 1751 became professor of logic at Glasgow University. Eight years later he made his name by publishing the THEORY OF MORAL SENTIMENTS. His 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations, is the bible of CLASSICAL ECONOMICS. He emphasized the role of specialization (the DIVISION OF LABOUR), TECHNICAL...