In general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.

–The Wealth Of Nations,

Adam Smith

According to Adam Smith, having more
is better for any branch of trade because it
.

Based on the excerpt, when more companies do business in an industry, the public will
.

Answers

Answer 1

Answer:

According to Adam Smith, having more competition is better for any branch of trade because it is advantageous to the public. Based on the excerpt, when more companies do business in an industry, the public will benefit.

Answer 2

The Wealth of Nations is a book by Adam Smith. According to him, more competition is better for the public, and more companies benefit the public.

What is The Wealth of Nations?

The Wealth of Nations is an economics and philosophical book by Adam Smith that depicts the societal benefit. According to him,  the division of labor, and productivity define wealth.

The strength and skills of an individual define the labor division and increased competition in the market and industry of any area benefits the public.

When there are more industries and companies for the same products or different products then the public would benefit the most.

Therefore, the public is at profit.

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Related Questions

A market that enjoys high prices for stocks and characterized by investor optimism and overconfidence?

laissez-faire market
consumer market
bear market
bull market

Answers

Answer:

the answer is a bull market

According to Goldstein’s book, why can the Party count on the proles never to revolt?
a.
because the Party’s motto “Ignorance is Strength” is something proles believe
c.
because the Party’s surveillance of the proles is constant and foolproof
b.
because the proles appreciate the intellectual freedom the Party grants them
d.
because the proles don’t have the intellect to know that life could be better

Answers

Answer:

D

Explanation:

because the proles don't have the intellect to know that life could be beeter

Answer:

D. because the proles don’t have the intellect to know that life could be better

Explanation:

The answer is D

How many electoral votes does Ohio receive from the election?

Answers

Answer:

18 Electoral votes

Explanation:

Answer:

Ohio has 18 electoral votes

What did the south think of the 36 30 line?

Answers

Answer:

Condemned by some Southerners because it set the example that Congress could make a law concerning slavery.

Explanation:

The Missouri Compromise of 1820 established the latitude 36°30′ to deal with the growing slave states in the western territories. The North always considered slavery as a part of the evil which should be banned. As the South economy depended on slaves, the Union could not interrupt it in existing states. The compromise of 1820 divided the Louisiana Purchase land into two sections. Slavery became forbidden above the Missouri compromise line latitude 36°30 and admitted in the south of latitude which allowed Missouri to became a slave trade.

Germany was unified under the king of nation 1, which before 1871 was the kingdom of​

Answers

Answer:

The Unification of Germany into the German Empire, a Prussia-dominated state with federal features, was officially proclaimed on 18 January 1871 in the Hall of Mirrors at the Palace of Versailles in France.

Explanation:

I looked it up. If it's wrong, I'm sorry. I don't know anything else.

Type the correct answer.

Explain what the common good represents in a constitutional democracy.

Answers

Answer:

In philosophy, economics, and political science, the common good refers to either what is shared and beneficial for all or most members of a given community, or what is achieved, by citizenship, collective action, and active participation.

Explanation:

As per political discourse, the common good refers to the facilities that the community provides to all the members to fulfill an obligation for certain interests that they share in common.

What do you mean by democracy?

Democracy refers to a system of government where power is in the hands of the people.

The common good refers to the facilities either materially, culturally, or institutional that the members fulfill the relational obligations they have in common.

The common examples of the common good in a democracy include the road system, public parks, courts, judicial system, etc.

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What does the quote “If you make a mistake and do not correct it, this is called a mistake” by Confucius mean?

Answers

Answer:

It means that your in the wrong by not doing anything to change it or make it better. If one were to make a mistake but do something to correct their actions its no longer a mistake it then becomes a learned lesson of what works and what doesnt.

Why did non slave states believe that the outcome of the dred Scott case was infringement of thier rights

Answers

Answer:

It violates the 5th Amendment

Explanation:

The fifth amendment states no one should be deprived of life, liberty, or property.

What would NOT be an accurate title for this list?

"SUPPORTED INDEPENDENCE
WANTED TO MAKE THEIR OWN RULES & LAWS
BELIEVED REVOLUTIONARY WAR WAS NECESSARY IN ORDER
TO BREAK FREE FROM TYRANNY"
Sons of Liberty
Patriots
Loyalists
Liberty Boys

Answers

Answer:

Loyalist

Explanation:

Loyalist are loyal to the government hence the name so that would be the obvious answer

Answer:

Loyalist

Explanation:

They wanted to stay with Brittan

pls help in the next 5 mins!! How did the fall of the Mughal Dynasty Lead to the british colonization of india?

Answers

Answer:

london fell

Explanation:

london fell econicily

Answer:

The British were able to take over India after the Mughal Dynasty collapsed

Explanation:

After the death of Muḥammad Shah in 1748, the Marathas overran almost all of northern India. Mughal rule was reduced to only a small area around Delhi. The British took control of this area in 1803. By the mid-1800s the Mughal Empire had lost all of its territory to its rivals and to the British.

to sum it up British took control after the Mughal Dynasty fell.

Where is the dividing
line after the Korean
War?

Answers

Answer:

the 38th parallel

Explanation:

Question 1 of 14
What was one major weakness of the Articles of Confederation?
O A. It did not give the Congress a way to raise money by collecting
taxes.
B. It failed to organize the country's western territories.
C. It could be easily changed to benefit the largest states.
O D. It prevented the government from signing treaties.
SUB

Answers

Answer:

A

Explanation: The Congress couldn't do much to raise money since the states had more power.

1. About how long ago did Confucius live? *
1,000 years ago
2,000 years ago
3,000 year ago
4,000 years ago

Answers

Answer:

2,000 years

Explanation:

Stalin was:
A cruel
B lively
C benevolent
D kind

Answers

Answer:

A

Explanation:

Answer:

A cruel

Explanation:

Why did the Aryans ban the use of cattle as food?

Answers

Answer:

Cows were believed as Gods.

Explanation:

"Between 1750 and 1760, an intricate interlocking of circumstances set coal to rule the world, not through new discoveries of coal itself but rather through improvements in spinning and weaving machinery which made possible the massing of large numbers of spinners and weavers for large-scale production. . . . It was at the call of the master weavers and spinners of England that the steam engine was set to run the machines; then to furnish a blast so that coal might be used to cheapen the smelting of iron and steel so that more machines might be made; then to pump out the deepening mines so that more and more power to keep the machines running might be won. Steam raising was coal's first great play for power and it is the work through which it still holds its industrial supremacy. Between 1800 and 1900 coal-driven engines multiplied until . . . they were producing energy equivalent to seventy million horse-power; during the first twenty years of the twentieth century, their power-producing capacity more than doubled. So coal wrought the industrial revolution, the greatest revolution in all human history, which transformed social and economic life as radically as the geographical revolution transformed the earth's surface.”

Robert W. Bruère of the Bureau of Industrial Research in America, The Coming of Coal, 1922

a) Identify ONE specific example of the environmental influences and consequences of the Industrial Revolution that would support the author's argument.

b) Explain ONE specific example of how coal helped power new inventions that would support the author's argument.

c) Explain ONE specific example of how mining coal helped transform social and economic life that would support the author’s argument.

Answers

Answer:

A) Between 1750 and 1760 many improvements were made. Improvements such as spinning and waving the coal on machines were examples of this.

B) Improvements such as said above helped dramatically. They helped by using their power to smelt iron and steel. Because of this, economic life improved.

C) Mining coal helped transform social and economic life. It transformed life because it pumps out deepening mines. Because of this, more and more power transfers to keep the machines running.

Explanation:

Person in comments didn't post the answer. Credit goes to them

The above scenario where coal played an important part was during the times of the Industrial Revolution the scenario took place. Between 1800 and 1900 coal-driven machines came into existence.

What is the Industrial revolution?

The transition to new industrial processes that occurred in Great Britain, mainland Europe, and the U.S. between approximately 1760 and 1820–1840 is known as the Industrial Revolution. The First Industrial Revolution began in England around 1750–1760 and continued there until between 1820 and 1840. One of the most notable turning points in the history of mankind occurred around this time.

The shift from manual to machine production was known as the "Industrial Revolution." Scholars disagree much about when it began and ended, although the time frame mainly covered the years 1760 to 1840.

During the Industrial Revolution, agricultural production gave way to an industrial one in which machines as well as humans were used to make goods. As a result, there was an increase in productivity and efficiency, a rise in the production of products and services, a decline in prices, greater incomes, and a movement of people from rural to urban areas.

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2. What type of writing is represented in the following passage?

“Whales are mammals because they have lungs and breathe air, give birth to live offspring, and provide milk for their offspring.” (1 point)
narrative writing
persuasive writing
descriptive writing
informational writing

Answers

Answer: Informational writing

Answer:

Informational writing

Explanation:

Because the passage is giving some informations

Write a few sentences explaining how to look for evidence and make predictions from a text.

Answers

Answer:

When looking for evidence its best to read over the paragraph or text. Look for the facts or a certain facts or thinga about the subject you are on. The way u can make a prediction is because the way the text has wrote or summarized about the text.(i assume)

Explanation:

2. Did many people read Uncle Tom's Cabin? Explain your answer.

Answers

Ans: Uncle Tom's Cabin was a runaway best-seller, selling 10,000 copies in the United States in its first week; 300,000 in the first year; and in Great Britain, 1.5 million copies in one year. In the 19th century, the only book to outsell Uncle Tom's Cabin was the Bible.

Original government of America, before the Constitution

Answers

Answer:

Articles of Confederation

Explanation:

There wasn't really one, it was governed by English elected officials and Puritans.

why was queen nanny regarded as a myth

Answers

Answer:

Because she saved so many lives it was like she did the impossible saving slaves.

Explanation:

During the High Middle Ages (100-1300), why did France and England form unified states while Germany remained divided

Answers

The correct answer to this open question is the following.

During the High Middle Ages (100-1300), France and England formed unified states while Germany remained divided.

This happened because the governments of France and Great Britain created vast kingdoms that increased the power of control in some European regions. And this was the result of solid leadership in each of the kingdoms.

The problem in the case of Germany was that it never has a true leader -as was the case of France and England- who could be recognized by all the tribes. No leader was strong enough to unify the different territories in Germany.

What role does the Protozoa play in this food chain

Answers

Answer:

By Digesting other organisms.

Explanation:

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operation. The total contribution margin for the month under variable costing is

Answers

Answer:

The contribution margin for the month is $120,000

Explanation:

The computation of the contribution margin for the month is as follows;

But before that we do the following calculations

Total variable cost per unit is

Direct materials $13

Direct labor $35

Variable manufacturing overhead $1

Variable selling and administrative $10

Total is $59

And, the selling price per unit is $89

So, the contribution margin per unit is

= Selling price per unit - variable cost per unit

= $89 - $59

= $30

And, the number of unit sold is 4,000

So, the contribution margin for the month is

= 4,000 × $30

= $120,000

Hence, the  contribution margin for the month is $120,000

What is one of the major roles appellate courts play in the federal judiciary

Answers

The 94 federal judicial districts are organized into 12 regional circuits, each of which has a court of appeals. The appellate court's task is to determine whether or not the law was applied correctly in the trial court. Appeals courts consist of three judges and do not use a jury.

hope this helped <3

Answer: The appellate court's task is to determine whether or not the law was applied correctly in the trial court.

Explanation:

NEED HELP ASAP WILL GIVE BRAINLIEST

What are the 6 basic principles that were used to create the United States of America’s Constitution and explain them? *

Answers

Answer:

Popular sovereignty, limited government, separation of powers, checks and balances, judicial review, and federalism.

Explanation:

Answer:

what he said is right^^^^^

Pioneers began to specialize in specific types of work. To specialize means to

Answers

Answer:

When people spend most of their time working at a single job or craft.

11.How did the societies of the Fertile Crescent
preserve order?

Answers

social hierarchy Division of society by rank or class.

What are the two types of criminal law?

Answers

felonies, misdemeanors

Answer:

Felonies and misdemeanors

Explanation: I looked it up and thats what I found maybe if you elaborate it a little more I could help you because I'm not sure if thats the right answer

Which of the following was not part of the court system in the Republic of Texas?
a.
Supreme Court
b.
County Court
c.
City Court
d.
District Court

Answers

Answer:

Presidential system

Explanation:

Is Texas its own republic?

While Texas has been part of various political entities throughout its history, including 10 years during 1836–1846 as the independent Republic of Texas, the current legal status is as a state of the United States of America.

Answer:

d.  District Court

Explanation:

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