Nature, accumulation and employment

Adam Smith regarded the partition of labor like crucial for initiating a process of economic development, and capital accumulation like a key element which then drives additional development. In words of Smith, key elements that find out how capital accumulation influences development are its: (w) nature, accumulation and employment (x) ownership, distribution and utilization (y) amount, efficiency and technology (z) financial value, obsolescence and also depreciation rate.

I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.

View Complete Question

Related Questions in Public Economics

Q : Better off and worse off condition in

When an economic change makes ten percent of the population better off and has no consequence on the economic welfare of the other ninety percent, in that case: (w) the community is better off. (x) the community is worse off. (y) community economic welfare does not ch

Q : Estimate relative cost When SCUBA

When SCUBA vacations are $480 and DVDs are $16, in that case what is the relative cost of a SCUBA vacation within terms of a DVD?: (i) 30 disks. (ii) 360 disks. (iii) 180 disks. (iv) 20 disks. (e) 3,600 disks. I ne

Q : Changes in relative prices make

Changes in relative prices make easy allocative efficiency through operating like a rationing mechanism while: (i) Ken and Barbie postpone their wedding since they both lost their jobs throughout a recession. (ii) Political instabilit

Q : Nonexistence of economic problems I

I need a good answer on the topic of Economic problems. Please give me your suggestion that, when would be Economic problems nonexistent: (v) The world population stopped rising, (w) capitalism were replaced and abolished along with socialism, (x) all human wishe

Q : Problem on violating someone rights Can

Can someone help me in finding out the right answer from the given options. Fee simple property rights do not permit private owners to: (1) Deny utilization of their goods to others. (2) Trade such rights with other people. (3) Employ goods in manner

Q : Problem regarding Property Rights Can

Can someone help me in finding out the right answer from the following options. Fee simple rights don’t comprise the right to: (1) Demolish your property. (2) Sell your property. (3) Employ your property for your own advantage. (4) Damage another’s propert

Discover Q & A

Leading Solution Library

Avail More Than 1460898 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1924800
Asked

3,689

Active Tutors

1460898

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment