Ask Question
BusinessBusiness
15 September, 18:09

According to smith, what does capitalism allow individuals to do that no other economic system allows

+4
Answers (1)
  1. 15 September, 18:29
    0
    Smith states that capitalism allows individuals to prosper, capitalism allows for such things as division of labor and the specialization that comes with it, this increases the productive efficiency of a nation which in turn increases its wealth and standing in the rest of the world.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “According to smith, what does capitalism allow individuals to do that no other economic system allows ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Dan has AGI of 50,000 and paid the following taxes during this tax year: State income tax withholding $ 1,600 State income tax estimated payments 980 Federal income tax withholding 3,400 Social Security tax withheld from wages 2,180 State excise tax
Answers (1)
e Department of Traffic Security of a city is considering the purchase of a new drone for aerial surveillance of traffic on its most congested streets. A similar purchase 4 years ago cost $950,000.
Answers (1)
Who likes to fight?
Answers (2)
At Honest Tea, there are no salespeople who attempt to coerce consumers into buying their product. Instead they rely on word-of-mouth, which indicates the company is not involved in which of the following criticisms of marketing?
Answers (1)
A progressive tax is one which
Answers (1)
New Questions in Business
In which year were tobacco commercials banned from network television in the united states?
No Answers
Maggie's manager notices that she exhibits an external locus of control when she speaks about her work. Her manager should Group of answer choices a. direct Maggie toward a job with more autonomy. b.
Answers (1)
Consider this argument: "The kidnappers have taken eight people hostage and are holding them at a farmhouse just outside town. If the SWAT team assaults the farmhouse, the hostages could be killed.
Answers (1)
Rent seeking is an attempt to A. use the government for individual benefit at the expense of others. Regulatory capture is an example of this, where a regulatory agency makes decisions benefiting the firm being regulated. B.
Answers (1)
An Insurance company is a business in which it pays to the company if there is a loss, damage, treatments or injury for the payment of premium amount. It calculates the risks that has occurred and pays to compensate the premium amount.
Answers (1)
Home » Business » According to smith, what does capitalism allow individuals to do that no other economic system allows
Sign Up Forgot Password?