Are there any reasons why Smith's model of capitalism might not be a successful argument
in favor of the free-market system? Explain.

Answers

Answer 1

Answer:

smith stated in his theory that the free market economy is governed by "invisible hand", this stands in opposite argument of the free market economy which stated that the free market is governed by supply & demand

Answer 2

Answer:

There are many reasons to criticize Adam Smith’s model of capitalism, first when he defended his ideals the world was a different place, most of the people worked on farms and as craftsmen and practiced the trade. When the industrial revolution came, capitalism changed deeply.

Adam Smith defended the idea of demand and offer, which would create an invisible hand that would balance the market. But the Industrial Revolution came and changed the world deeply, the laissez-faire is not a good policy because it makes room for abuses and makes disparity grow in society. Because of that, the regulation of capitalism by the government is very important so social equality is achieved.

Explanation:

Sorry it's a lot but I hope it kinda helps


Related Questions

Which of the following was a factor in the practices of indentured servitude and slavery in the southern colonies?
O Cash crops such as tobacco and sugar required many workers.
O The fishing and shipping industries required many workers.
Imprisoned debtors were brought from Africa to settle the colonies.
O Indentured servitude and slavery were not allowed in the Caribbean colonies.

Answers

A. Cash crops such as tobacco and sugar required many workers.

Explanation:

During this time, the Southern colonies relied on workers to tend to their crops. The climate in the South was perfect for agricultural purposes and the soil was very rich as well, this led agriculture to be their main source of wealth.

Cash crops were very important to the south. Crops such as tobacco, indigo, cotton, and sugar sold for a lot of money, particularly overseas. The Southern colonies realized this and wanted to make as much money as possible, so they would create tons of plantations full of these cash crops in order to obtain wealth.

Over time, the number of plantations grew and the South realized they needed to have workers to tend to them all. This was where they turned to indentured servants. They would pay individuals passage from overseas, mostly Europe, and they would then be obligated to work for them so they could pay off their debt. This did not last forever though and the South realized that indentured servitude was only a thing that lasted for a couple of years, they wanted a more permanent approach.

This was when the Southern colonies shifted from indentured servitude to slavery. They felt as if slavery was easier and many did not feel bad if they were to treat slaves in an inhumane manner.

Answer:

Cash crops such as tobacco and sugar required many workers. defined an enslaved person as someone who could be bought and sold.

Explanation:

Match each key term with its definition.

Answers

Answer:

1

3

4

5

2

Explanation:

How did many northerners, such as Daniel Webster, view the conflict between states' rights and the federal government's rights in the 1830s?

States should have the right to nullify federal laws.

States should not be able to ignore federal laws.

States should have the right to secede from the Union.

States should be required by federal law to ban enslavement.

Answers

Daniel Webster was of the view that States should not be able to ignore federal laws. Hence, he argued for the supremacy of the federal laws.

Daniel Webster's Position

Daniel Webster, a senator from Massachusetts, believed that nullification was illegal and only the Supreme Court had the power to nullify federal law. Congress agreed to lower the tariffs of 1828 and passed a new tariff policy in 1832. The South Carolina still felt they were too high.

Therefore, his position was on the States should not be able to ignore federal laws.

learn more about Daniel Webster's Position: https://brainly.com/question/518243

Answer:

States should have the right to nullify federal laws.

Explanation:

took the test 3.02 comparing sides

What are the names of the four caliphs in Islam?

Answers

Answer:

Rashidun, (Arabic: “Rightly Guided,” or “Perfect”), the first four caliphs of the Islamic community, known in Muslim history as the orthodox or patriarchal caliphs: Abū Bakr (reigned 632–634), ʿUmar (reigned 634–644), ʿUthmān (reigned 644–656), and ʿAlī (reigned 656–661)

Explanation:

Georgia’s legislative branch is bicameral meaning that it has

Answers

Answer: two governing bodies

Bi means two, so that means there are two governing bodies. There are two governing bodies for Georgia's legislative branch:

House of RepresentativesSenate

Hope this helps you!

Answer:

i got it wrong but is wo governing bodies.

Explanation:

In addition to the availability of land, which factor facilitated the settlement of the texas frontier?.

Answers

Answer:

Explanation:

Increased farming led to the development of many small towns in Texas. Most of them were close to railroad lines. These growing communities helped transform Texas from a frontier to a settled land.

2. Describe the
purpose of the Preamble of the U.S. Constitution. What is the
relationship
between the Preamble and
the articles that follow?

Answers

Answer:

The first part, the Preamble, describes the purpose of the document and the Federal Government. The second part, the seven Articles, establishes how the Government is structured and how the Constitution can be changed.Explanation:

List five major developments of the age of optimism

Answers

Answer:

announcement of principalb

What did Constantine build that contributed to the success of Constantinople?

1. aqueducts
2.courts
3. hospitals
4. schools

Answers

He built schoold ane repared aqueducts

Answer:

A

Explanation:

he helped by building these and he helped out alot he did not Bill quartz or hospital or schools but he did teach stuff in the churches please mark brainiest you can add me and I can help you more

Why was education important to the rising Islamic empire

Answers

Answer:

Here is what i found,I hope this helps you.

Explanation:

Islam placed a high value on education, and, as the faith spread among diverse peoples, education became an important channel through which to create a universal and cohesive social order.

Put the events in chronological order as they happened after the
American Revolution: (a) Shays Rebellion (b) Treaty of Paris (c) Evacuation
Day of NYC

Answers

Answer:

Option B, Option C, then Option A.

Explanation:

We are given three events that we need to put in chronological order as they happened after the American Revolution which took place in 1765.

Option A:
Shays Rebellion was an uprising in Massachusetts because of the debt crisis Americans had to go through. Shays Rebellion took place in August of 1786.

Option B:
Treaty of Paris was the treaty that officially ended the American revolution between Americans and Great Britain. The Treaty of Paris took place in September of 1783.

Option C:
Evacuation Day of NYC was the day when Great Britain departed from NYC which also taken place in 1783 but in November a month after the Treaty of Paris was signed.

The options in chronological order would be Option B, Option C, and then Option A or "Treaty of Paris, Evacuation Day of NYC, and then Shays Rebellion."

Hope this helps.

Why did Quakers, Scots-Irish, and Moravians all migrate to the North Carolina colony?

to develop manufacturing communities
to have freedom from religious persecution
to have the right to be slaveholders
to increase economic opportunities for their families

Answers

I think it’s D

I hope this helps

Answer:

Im not sure if im right but I think its B.

Explanation:

4. Which of these words is an antonym for "mandatory?" a. Obligatory b. Voluntary c. Compulsory d. Necessary

Answers

Answer:

B. Voluntary

Explanation:

Mandatory means you have to which is the opposite of Voluntary which means you want to

The only U.S. state to call it’s political subdivisions “parishes” is

Answers

Answer: Louisiana

Explanation: Louisiana has parishes because of its unique history as a French colony

Compare and contrast the causes and consequences of the Korean War and the Vietnam War for the United States. (APUSH Edge)
Long Essay Question

Answers

Answer:

The similarities of the two wars were the same ideological background, the confrontation of two super nations, the US and the URSS, and their economic and political systems. Vietnam War was the prolonged struggle and lasted more than 10 years, while the Korean War – only three.

Explanation:

Why didn’t Andrew Jackson oppose the McCulloch vs Maryland decision??

(If this sounds or looks wrong I wouldn’t know why)

Answers

The president also questioned the Supreme Court’s decision in McCulloch v. Maryland, arguing that the court should not serve the exclusive authority or final arbiter of the constitution. Instead, Jackson insisted that each branch had the ability to decide for itself wether a proposed measure was constitutional.


The Native Amercian "round dance" is an American Dance tradition?

Answers

Answer:

There were Christians who realized that they were sinners, and that by fighting in the Crusade, they would have those sins forgiven. Pope Urban II explained that if they died fighting for God, they would go to heaven. He used that power to inspire and recruit people to fight in the Crusade.

Explanation:

Answer:

True

Explanation:

I took the test.

Attempt Score:

10 / 10 - A

Overall Grade (highest attempt):

10 / 10 - A

Who sparked the independence movement in Mexico?

Answers

Miguel Hidalgo y Costilla sparked the independence movement in Mexico.

In the early years of World War I, which of the following demonstrated the US goverment's commitment to winning public
support for the war?

Answers

Answer:

The creation of a special committee to promote the war effort.

Explanation:

What was the termination policy?

Answers

Answer: 1953: Congress seeks to abolish tribes, relocate American Indians. Congress passes a resolution beginning a federal policy of termination, through which American Indian tribes will be disbanded and their land sold

Explanation: Hope this helps!

Congress passes a resolution beginning a federal policy of termination, through which American Indian tribes will be disbanded and their land sold. A companion policy of “relocation” moves Indians off reservations and into urban areas.

Social Impact of the Boston Tea Party

Answers



As a result of the Boston Tea Party, the British shut down Boston Harbor until all of the 340 chests of British East India Company tea were paid for. This was implemented under the 1774 Intolerable Acts and known as the Boston Port Act. The Boston Tea party was important because it fueled the tension between Britain and America that ultimately led to the Revolutionary War, which started in 1775 and led to America winning its independence from Britain.

According to Davis, the Southern states seceded
as a

Answers

Answer:

Confederacy

Explanation:

The southern states succeeded as a Confederacy. They had formed the Confederate States of America.

Answer:

necessity and 2nd question is survival of confederacy

Explanation:

Which factor contributed to the fall of the Akkadian Empire?
-The Persians invaded the Akkadians' territory.
-Sargon conquered the Mesopotamian city-states.
-Local rulers regained control over their city-states.
-The Neo-Babylonians destroyed the city of Jerusalem.

Answers

Answer:

CCCCCCCCCCCC

Explanation:

Answer:

c

Explanation:

What were some of the
outcomes from the creation of
the Transcontinental Railroad?

Answers

Answer:

some outcomes were railroads served the transportation needs of new industries, such as mining and lumbering

Explanation:


Who, besides legislators, attends the legislative sessions and what do they do?

Answers

Answer: besides legislators, other people can attend the sessions.

Explanation:

Answer:

the people (public) can attend legislative sessions

have a wonderful day

Explanation:

In which modern country was the ancient civilization of Akkad located?

Syria
Iraq
Saudi Arabia
Iran

Answers

The correct answer would be Syria

Answer: Iraq

Explanation:

Who did the League of Latin American Citizens sue in 1945?

Answers

Answer:

I believe they sued the Orange County school or school system

Explanation:

Which of these is a complex sentence?
Immigrants who came to work in factories lived in urban neighborhoods.
"Old" immigrants often settled on farms, but most "new" ones lived in cities.
In the past, many immigrants had come from northern and western Europe.
Immigrants working long hours and facing crowded living conditions.

Answers

Answer:

A. Immigrants who came to work in factories lived in urban neighborhoods.

Explanation:

Immigrants who came to work in factories lived in urban neighbourhoods is a complex sentence. Hence,  option A is correct.

What is urban neighbourhoods?


A modern city's downtown area is often considered an urban neighborhood. The heart of the metro area is its neighborhoods, which are typically not restricted to any particular region. An urban neighborhood in the majority of major cities, like Dallas, for instance, is made up of apartment buildings, townhouses, and condominiums.

Urban morphology classifies urban areas as cities, towns, conurbations, or suburbs after urbanization.

A continuously developed area (UA) is one that has 50,000 or more residents. It includes one or more places—the center place(s)—as well as the nearby, heavily populated surrounding area, known as the urban fringe, which is made up of both place territory and nonplace territory.

Thus, option A is correct.

For more information about urban neighbourhoods, click here:

https://brainly.com/question/22851958

#SPJ2

What happened as the number of public schools in the South began to grow?
A. Blacks got the same education as whites,
B. Both whites and Blacks went to the same schools,
c. Blacks asked to have separate schools.
ОО
D. Blacks and whites were kept in separate schools.
Submit

Answers

hello!

the answer is:
D. Blacks and whites were kept in separate schools.

explanation: with the passing of the Jim Crow laws, schools had to be separated by race.

i hope this helped!

why is the Mayberry case important to the history of the Supreme Court

Answers

Answer:

Marbury v. Madison is more important because it established the power of judicial review for the U.S. Supreme court and lower federal courts with respect to the Constitution and eventually for parallel state courts with respect to state constitutions.  

Explanation:

Date. February 24, 1803
Location. United States

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