Compare Adam Smiths view of a nation’s wealth with that of a modern economists who rely on gross domestic product. Would Adam smith agree that gross domestic product is the best way to measure a nation’s economic output? why it why not ?

Answers

Answer 1

Adam Smith believed that a nation's wealth should be measured by the total annual production of goods and services and the accumulation of capital goods.

What is Adam Smith View of a Nations Wealth in Contrast with Modern Economists?

Adam Smith believed that a nation's prosperity depends on the increase of its productive powers, which in turn depends on the division of labor and the extent of the market.

In contrast, modern economists rely on Gross Domestic Product (GDP) as a measure of a nation's economic output. GDP is the total value of goods and services produced within a country's borders in a given period.

Adam Smith would likely agree with the use of GDP as a measure of a nation's economic output, but with the caveat that it should not be the only measure. He believed that wealth is more than just the accumulation of material goods, and that the well-being of a nation's citizens is an important factor in measuring its prosperity. Additionally, he argued that the wealth of nations is not just about the size of the economy, but about the distribution of wealth and income among its citizens.

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Related Questions

Which concept describes the idea that government and government officials are not above the law?

Answers

Answer:

Limited Government

Is it true that no one is above the law?

There are numerous theories addressing the authority of the law in jurisprudence. Three jurisprudential postulates—Law is above State, State is above law, and State and Law are equals—are frequently disputed by lawyers.

No one is exempt from the rule of law, according to the adage "no person is above the law." Additionally, this complies with Article 14 of the Constitution, which guarantees that everyone has the right to legal equality. This establishes a check and balance over those in authority and positions of power.

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Answer: limited government

Explanation:

india's interest in astronomy led to them predicting what event?

Answers

Explanation:

One of the most significant astronomical events predicted by ancient Indian astronomers was the occurrence of solar and lunar eclipses. The ancient Indians had a keen interest in astronomy and possessed advanced knowledge of the motions and cycles of the celestial bodies. They developed sophisticated mathematical models to predict the occurrence of eclipses, and their predictions were remarkably accurate.

The earliest recorded Indian observations of eclipses date back to the 5th century BCE. Indian astronomers like Aryabhata and Varahamihira made significant contributions to the field of astronomy and accurately predicted the occurrence of solar and lunar eclipses. Their works were influential in the development of modern astronomy and served as the basis for many later discoveries and scientific advancements.

While architect Andrea Palladio only built the Villa La Rotonda, he did write about other designs in his Four Books on Architecture.
True
False

Answers

Answer:

TRUE

Explanation:

architect Andrea Palladio wrote about many other designs in his books of architecture

The Second Bank of the United States was founded soon after the demise of the first bank of the United States because policymakers realized that the demise of the First Bank of the United States raised interest rates on government debt. the War of 1812 convinced key policymakers of the need for an institution to help issue federal government bonds, regulate currency, and preserve fiscal order. policymakers realized that the demise of the First Bank of the United States led to speculative and wildcat banking. policymakers realized that the demise of the First Bank of the United States triggered inflation policymakers realized the dissolution of the first Bank of the United States triggered the Panic of 1819. the War of 1812 convinced policymakers of the need to compete with the Bank of England and Banque of France policymakers realized that the demise of the First Bank of the United States triggered hyperinflation

Answers

Answer:

The Second Bank of the United States was founded because policymakers realized that the demise of the First Bank of the United States raised interest rates on government debt. The War of 1812 convinced key policymakers of the need for an institution to help issue federal government bonds, regulate currency, and preserve fiscal order.The policymakers also realized that the demise of the First Bank of the United States led to speculative and wildcat banking which was a serious concern. Therefore, the Second Bank of the United States was established in 1816 to stabilize the currency and control inflation.

Explanation:

17.Who did Hitler invade after the Battle of Britain?
21.Where did the US and Great Britain first attack Germany?
22.Which battle put Germany on the defensive in North Africa?
23.Which battle put Germany on the defensive on the Eastern Front?
24.Where and when did the Western Allies invade German held Europe?
25.Which battle was the last major German offensive?
26.Which battle put Japan on the defensive in the Pacific?
27.What was the Allies strategy in the Pacific?
28.How did the US bring the war with Japan to a conclusion?

Answers

Answer:

17. Hitler invaded France

21. The U.S. and Great Britain first attacked Germany in North Africa

22. The Battle of El Alamein

23. The Battle of Stalingrad

24. The Beaches of Normandy on June 6th, 1944

25. The Battle of the Bulge

26. The Battle of Midway

27. The strategy in the Pacific was Island Hopping, or to move from one island to the next

28. They dropped two atom bombs, one on Hiroshima and one on Nagasaki.

Explanation:

I am a history nerd with no time on my hands.

after the protestant reformation of the early sixteenth century, the roman catholic church responded with a movement to recapture the loyalty of its people. this movement was known as the

Answers

After the protestant reformation of the early sixteenth century, the Roman Catholic church responded with a movement to recapture the loyalty of its people. This movement was known as the Counter-Reformation.

The movement launched by the Roman Catholic Church to recapture the loyalty of its people after the Protestant Reformation is commonly known as the Counter-Reformation. The Counter-Reformation aimed to address the criticisms and challenges posed by the Protestant Reformers and to revitalize the Catholic Church from within. It involved various efforts, such as the Council of Trent (1545-1563), which clarified Catholic doctrine and initiated reforms, the establishment of new religious orders like the Jesuits, and the promotion of art and architecture as tools of spiritual influence.

In conclusion, the Counter-Reformation played a significant role in shaping the trajectory of the Catholic Church in response to the Protestant movement.

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A. Explain ONE major difference between Keegan's and Strachan's interpretations of the role of the First World War in European history,

b. Provide one piece of evidence from the period between the First and the Second World Wars that supports Keegan's interpretation (Source 1) and explain How it supports

the interpretation

c. Provide ONE piece of evidence from the period between the First and the Second World Wars that supports Strachan's interpretation (Source 2) and explain HOW it supports

the interpretation

Answers

Every event has a basis in the history. Hence, the response are as follows.

Keegan and Strachan

a) Keegan believes the war to be brutal, unnecessary, and with negative effect while Strachan believes the war to have a purpose with some positive effects.

Evidence

b) The brutality of the totalitarian regions that were partially a result of the war.

c) Discussion of the positive and negative effects of the destruction of the Russian, Ottoman, Austro-Hungarian, and German empires (e.g. the end of monarch and empirical governments).

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A native American creation myth (a myth explaining how the world was formed. Describe it and compare it to the Judeo-Christian myth that most are familiar with.

Answers

Native American creation myths vary greatly among different tribes and cultures, so it's important to note that there isn't a singular Native American creation myth.

In many Native American creation myths, there is a strong emphasis on the interconnectedness and harmony between humans, nature, and the spiritual realm. These myths often portray the creation of the world as a collaborative and ongoing process involving multiple divine beings or natural forces. The earth, sky, animals, plants, and humans are seen as interconnected and interdependent.

For example, in some Native American creation myths, it is believed that the world was created through the actions of animal spirits or supernatural beings. These beings might shape the earth, create landscapes, or give life to plants and animals. Humans are often seen as a part of this larger web of life and have a reciprocal relationship with nature.

In contrast, the Judeo-Christian creation myth, as described in the book of Genesis, portrays the creation of the world by a single, all-powerful God. According to this myth, God created the world in six days and on the seventh day, rested. Humans are believed to be created in God's image and given dominion over the earth and its creatures.

While there are differences between Native American creation myths and the Judeo-Christian creation myth, both share the aim of explaining the origins of the world and humanity. However, Native American creation myths often emphasize the interconnectedness and harmony with nature, while the Judeo-Christian creation myth highlights the dominion of humans over the natural world.

It's important to note that Native American cultures are diverse, and there are numerous variations and interpretations of creation myths within different tribes and communities. The comparison provided here is a general overview and may not encompass the full range of beliefs and stories within Native American cultures.

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Complete question:

A native American creation myth (a myth explaining how the world was formed. Describe it and compare it to the Judeo-Christian myth that most are familiar with?

How did the British Parliament react to the Boston Tea Party?

Answers

In April 1774, the British Parliament passed the Coercive (or Intolerable) Acts, which punished Massachusetts for the Tea Party incident. The Acts not only took away home rule from Massachusetts, it forced all Americans to board British troops in unoccupied buildings.

Please hurry, this is almost time to turn in!!!!

If you can’t see the answers, they are

Political
Economic
Exploratory
Religious
Ideological

Please hurry, this is almost time to turn in!!!!If you cant see the answers, they arePoliticalEconomic

Answers

Answer:

I am pretty sure its Economic reasons.

Explanation:

Sancho panza is the farmer who acts as quixote's . when quixote attacks a in the passage, panza him.

Answers

Sancho Panza is the farmer who acts as Quixote's squire, When Quixote attacks a windmill in the passage, Panza continues to follow him.

Who is Sancho Panza?

Sancho Panza can be described as one of the main character in the excerpt known as  "Don Quixote", who was a neighbor to the Don Quixote.

Therefore, usually seek advice from him especioally when he wanted to  arm himself as an errant knight , and Panza continues to follow him as they become more close.

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Please Help ASAP
Describe the causes of the Bronze Age Collapse and its impact on
the many civilizations of the eastern Mediterranean in 250-300
words.

Answers

Volcanic eruptions, droughts, plague, earthquakes, and invasions are some of the factors that contributed to the Bronze Age Collapse and its effects on the numerous civilizations in the eastern Mediterranean.

The decline and collapse of significant Mediterranean civilizations during the 13th and 12th centuries BCE are referred to as the Bronze Age Collapse (also known as the Late Bronze Age Collapse). Beginning in the third millennium B.C., the Bronze Age saw significant developments made around the world. Soon, stronger and more resilient versions of the primitive tools and weapons emerged. Due to improved farming and hunting techniques, there was a rise in the population as a result of the transformation.

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Which of the following is a true statement about Rome's consuls?

Select one:
a. The consuls did not have the power to propose new laws
b. The consuls were elected by the Senate, but usually took orders from the Assembly
c. The consuls were elected by the Assembly, but usually took orders from the Senate
d. The consuls were not allowed to interfere with legal affairs

Answers

Answer:

C

Explanation:

Answer:

(C)  The consuls were elected by the Assembly, but usually took orders from the Senate.

Explanation:

What military strategy did the United States use in the Pacific during WWII?

Answers

The United States used a combination of military strategies in the Pacific during WWII, including island hopping, airpower, and submarine warfare.

Island hopping was a key strategy that involved bypassing heavily fortified enemy positions and attacking weaker, less well-defended islands. The goal was to gain control of strategic islands and establish air and naval bases to support further operations. This strategy allowed the US to gradually move closer to Japan and apply pressure on the Japanese military.

Airpower was another critical component of the US strategy in the Pacific. American bombers and fighters conducted massive bombing raids on Japanese cities and military targets. These attacks weakened the Japanese military and undermined their morale, while also paving the way for the US to launch amphibious landings.

Submarine warfare was also a key strategy for the US in the Pacific. American submarines targeted Japanese supply lines, sinking enemy ships and disrupting the flow of resources to Japanese troops. This strategy helped to isolate and weaken Japanese forces in the Pacific, while also protecting US supply lines and shipping lanes.

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What kind of choices do voters have in a one-party system?

Answers

In a one-party system, the voters have limited options to choose from.

What is a one-party system?

In a one-party system, voters typically have limited choices as there is only one dominant political party that controls the government.

The ruling party often controls the electoral process and can restrict the participation of opposition parties or candidates.

Therefore, voters may have limited options when it comes to choosing their representatives or expressing their political preferences.

In such systems, elections can often be seen as symbolic rather than genuine exercises in democracy, and voters may feel as though their choices are restricted or their voices are not being heard.

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Need help?!?!?!?!?!?

Need help?!?!?!?!?!?

Answers

The telescope he invented it

Is the source a trustworthy source to use in a research paper? Why or why not? In
your answer, make sure to clearly describe the standards you are using to evaluate it.
Why have you determined that it is or is not a trustworthy one to use?

Answers

Evaluating the trustworthiness of a source for a research paper requires considering several key standards These standards include the author's expertise, the publication's credibility, the presence of bias, and the accuracy of the information presented.

First, assessing the author's expertise is crucial. It is important to determine if the author has relevant qualifications, credentials, or experience in the subject matter. This can be done by reviewing their educational background, professional affiliations, and previous works. If the author is recognized as an expert in the field or has published extensively on the topic, it adds credibility to the source.

Second, evaluating the publication's credibility is important. Reputable sources are typically published in peer-reviewed journals, academic publications, or by well-known publishers. These sources go through a rigorous review process to ensure the accuracy and quality of the information. If the publication is recognized in the academic community or has a strong reputation, it increases the trustworthiness of the source.

Third, it is crucial to assess the presence of bias in the source. Bias can manifest in various forms, such as political, ideological, or commercial biases. Biased sources may present information selectively or manipulate facts to support a particular agenda. It is important to consider multiple perspectives and ensure the source presents a balanced and objective view.

Finally, verifying the accuracy of the information presented is essential. Reliable sources provide evidence, references, or citations to support their claims. They use reliable data, conduct thorough research, and adhere to established research methodologies. Fact-checking the information and cross-referencing it with other reputable sources can help determine its accuracy.

Based on these standards, it is possible to assess the trustworthiness of a source. If the source meets these criteria by having well-qualified authors, being published in reputable venues, exhibiting minimal bias, and providing accurate and verifiable information, it can be considered trustworthy. Conversely, if the source lacks expertise, is published in questionable outlets, demonstrates significant bias, or contains inaccuracies, it may not be suitable for a research paper.

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How did enlightenment philosophers like john locke influence religious beliefs? a. they advanced the cause of atheism. b. they argued for religious tolerance. c. they rejected all religion. d. they increased the power of the catholic church.

Answers

The answer is B. They argued for religious tolerance

Answer: i think C.

Explanation: hope this helps0^0

where did the complex civilization people live

Answers

The complex civilization people live in Sumer, located in Mesopotamia,

A civilization is a complex human society, usually made up of different cities, with specific characteristics of cultural and technological development. In many parts of the world, early civilizations arose when people began to band together in urban settlements.

Civilization represents the complex way of life that arose when humans began to develop networks of urban settlements. The earliest civilizations developed between 4000 and 3000 BC. In BC, the rise of agriculture and trade provided people with food surpluses and economic stability. A civilization is a complex culture in which many people share many common elements. Historians have identified the basic features of civilization. The six most important characteristics are cities, governments, religions, social structures, writing, and art.

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american civil war period

Answers

Answer:

April 12, 1861 – May 9, 1865

Explanation:

L 2.3.3 Quiz: Understand Gothic Elements in Literature
Question 1 of 10
What key element is found in Gothic literature?
A. A tragic hero whose hubris causes his or h
B. A gloomy atmosphere with a lot of suspens
C. A realistic story often based on historical fa

Answers

The key element is found in Gothic literature is Option B. A gloomy atmosphere with a lot of suspens.

What is Gothic literature?

The most broad definition of Gothic literature is writing that makes use of ominous and scenic settings, shocking and dramatic storytelling techniques, and a general sense of exoticism, mystery, fear, and dread.

A Gothic novel or fiction will frequently centre around a sizable, old building that hides a dreadful secret or acts as the haven for a particularly ominous or menacing figure. The Romantic era in Britain is when Gothic literature emerged.

The word "Gothic" was first used in reference to literature in the subtitle of Horace Walpole's 1765 story "The Castle of Otranto: A Gothic Story," which was allegedly intended as a subtle joke by the author. "When he used the word it meant something like 'barbarous,' as well as 'deriving from the.

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although defeated in world war ii, the infrastructure of japan itself was largely untouched.
T/F

Answers

False. Although Japan was defeated in World War II, its infrastructure was not largely untouched.

   The statement that Japan's infrastructure was largely untouched during World War II is false. The country experienced extensive damage to its infrastructure as a result of the war. During World War II, Japan was subjected to intense bombing campaigns by the Allied forces, primarily targeting major cities and industrial centers. These bombings caused significant destruction to infrastructure, including transportation networks, factories, ports, and urban areas. Cities like Tokyo, Hiroshima, and Nagasaki suffered immense damage from air raids and atomic bombings. The goal of these bombings was to cripple Japan's military-industrial complex and weaken its ability to continue the war. Consequently, Japan's infrastructure underwent substantial devastation during World War II, disproving the notion that it was largely untouched.

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According to abraham lincoln, government must serve the individual but not the community.

Answers

According to Abraham Lincoln, government must serve the individual but not the community. The statement is False.

According to Abraham Lincoln, the goal of government is to help the community in a way that cannot be achieved on one's own. This means that the government bridges the gap between a population and their basic needs. In terms of economics, international affairs, and civil rights, this principle holds true.

In his lectures to the American people, Lincoln gave numerous illustrations of things that people are unable to accomplish on their own. According to him, the government is responsible for building and maintaining roads and bridges, helping the weak, funding schools, and disposing of the estates of the deceased.

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after the arrival of africans to their intended destination their captors cleaned them up and greased them down with palm oil to make them more sellable. once a slave was purchased they went through a period of adjustment, lasting about two years, in which they adapted to the labor of a plantation, survived the onslaught of new world diseases, and hardened to the life of a slave. what is this period of time referred to?

Answers

The period of time referred to when a slave was purchased and they went through a period of adjustment, lasting about two years, in which they adapted to the labor of a plantation, survived the onslaught of New World diseases, and hardened to the life of a slave, is called the seasoning.

The African people were taken from their homeland by European traders and sold as slaves to work on plantations in the Americas. They were captured and taken from their homeland in Africa, then sold into slavery to work on sugar plantations in the New World.

They were captured and shipped across the Atlantic Ocean in very inhumane conditions.

The seasoning period, which lasted about two years, was a difficult and challenging period for the newly purchased slaves. It was a period of adaptation to the challenging labor requirements of a plantation, adaptation to new surroundings and the different way of life of the New World, and adaptation to new diseases that they had never encountered before.

They were stripped of their culture and language and forced to learn new languages and customs.

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Write down three phrases which convey the effects of light during the Perahera
pls give a answer will mark brainliest​

Answers

Answer:

Glinting in firelights, flames soaring many feet, illuminated by their torch

Explanation:

pls mark me brainliest

What is Perahera?

Perahera is a festival that is celebrated in Sri Lanka. It is a religious and cultural event that includes a procession of elephants and other animals. The festival lasts for several days and is a time of celebration for the people of Sri Lanka.

Three phrases which convey the effects of light during the Perahera

During the Perahera, light plays an important role in conveying the effects of the festival. The use of torches, bonfires, and fireworks creates a sense of awe and grandeur, while the decoration of elephants with lights creates a sense of festivity and joy. Light also plays a practical role in the Perahera, as it is used to illuminate the path of the procession and guide the elephants.

_____________________________________________

Let me know if there are any questions regarding my answer.


Why do you think previous leaders of the country did not want the
"common man" to vote? *
A. they disliked poor people
B. only wanted their friends to be able to vote
C. The wealthy felt special that they were the only ones to vote
D. They distrusted the average American to make a wise decision about who to vote
for to lead our country

Answers

Answer:

D. They distrusted the average American to make a wise decision about who to vote for to lead our country.

Explanation:

6th grade history I mark as brainliest please do number 6

6th grade history I mark as brainliest please do number 6

Answers

Answer:

c lol i got the right answer just didn't mean to put a D

Explanation:

well it says exactly what they did also very jealous you get to learn that in sixth grade

Answer: It would be C.

Explanation: It's C because they didn't want to damage the bodies so that makes the other two answers wrong therefore it is C.

What was the primary means through which indians sought independence from great britain?

Answers

Nonviolent civil disobedience was the primary means through which Indians sought independence from great Britain.

A citizen who actively and publicly disobeys a government's demands, instructions, or directions is said to be engaging in civil disobedience (or any other authority). According to certain definitions, civil disobedience must be peaceful in order to qualify as such. Consequently, nonviolent resistance or nonviolent demonstrations are frequently used interchangeably with civil disobedience.

Well-known civil rights activists have participated in some of the most well-known and effective acts of civil disobedience. There are a lot of effective instances of civil disobedience throughout history, and you've definitely heard of at least one prominent individual who is known for it. 'Boycott Rosa Parks' on busesIn Montgomery, Alabama, Rosa Parks took a modest stance against segregated bus rules in 1955, acting independently and seemingly on impulse. Parks was seated in the first row.

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What is number 10?? Please help?

What is number 10?? Please help?

Answers

Answer:

c i think

Explanation:

The Battle of Caporetto resulted in a humiliating defeat for
Group of answer choices

Britain

Germany

the Ottomans

Italy

Answers

Answer:

The Ittalians

Explanation:

Battle of Caporetto, also called 12th Battle of the Isonzo, (October 24–December 19, 1917), Italian military disaster during World War I in which Italian troops retreated before an Austro-German offensive on the Isonzo front in northeastern Italy

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