funnyboy420194 funnyboy420194
  • 13-01-2019
  • History
contestada

What are smith's three productive orders? What political roles does he assign these orders? (AP EURO)

Respuesta :

couplekisssheer
couplekisssheer couplekisssheer
  • 22-01-2019

Adam Smith´s three productive orders are:

1. Labor

2. Stock

3. Land

Smith states that these factors of production are moved by forces, that tend to find an equilibrium in market. The political role in this factors of production, is that government regulation disrupts this balance. Wages are controlled by supply and demand but also by political influences.

Answer Link

Otras preguntas

a car travels 10km in 10 min so what is the average
Jayden and isabella share a reward of $40 in a ratio of 2 : 3. how much does jayden get?
Up and Running Auto Shop is tracking their regular customers' data to see if there is a relationship between the life of a car's engine and the number of times
Identify all the sets to which the number 3.1214122144 belongs
The sum of two consecutive integers is −225
Vanessa ate 1/3 of a pizza for dinner. Her brother Van ate 1/2 of the leftover pizza. How much of the pizza did Van eat? Gavin is 4 3/4 feet tall. How would yo
The minute hand of the clock is 5 inches long. How far does the tip of the minute hand move in 4 full rotations? Calculate your answer using the pi button on yo
What is the proportion for 9/15
What does the following phrase mean, "those who are between 60 and 80 years are in Act IV of the five parts of their existence"? A. That they have few scenes to
What qualities of sodium make it useful for this purpose?? 2 reasons