--%>

Theory of Smiths - Economic Development

Theory of economic development by Adam Smith relies upon a ________ to kick-start the process, and subsequently _________ to continue this.  (w) higher wages./ the wages fund. (x) division of labor/ higher wages. (cy) explosive population development / economies of scale. (z) division of labor / capital accumulation.

Hey friends please give your opinion for the problem of Economic that is given above.

   Related Questions in Public Economics

  • Q : Determine desirable items without

    Desirable items without opportunity costs are termed as: (i) free goods. (ii) economic goods. (iii) capital goods. (iv) financial goods. (v) gifts of nature. Hey friends please give your view for the problem of opportunity

  • Q : Give an example of Production in

    By using knowledge and/or technology to apply energy to change materials, thereby making the materials more precious is: (w) production. (x) demand. (y) a total cure for scarcity. (z) economically profitable. Can someone clarify/he

  • Q : How would be an example of a free good

    An example of a free good would be: (1) a cool breeze upon a hot humid day. (2) DVDs specified as door prizes to the first 100 shoppers at the grand opening of a Best Buy. (3) the care and attention mothers provide babies. (4) trinkets at the Dollar Store that cost me

  • Q : Illustration regarding to market

    When the soybean market begins within equilibrium upon S0D0 and in that case a highly publicized study demonstrates yoghurt to be much more nutritious than the tofu made by soybeans, the market changes to: (w) S0D2. (x) S

  • Q : Closest to being a free good in

    The closest to being a free good of the one given would be: (i) a scholarship for a brilliant but impoverished student. (ii) Free “meals on wheels” programs for the aged and infirm, (iii) a winning lottery ticket you determined on the side

  • Q : Illustrate new public housing rent free

    Giving new public housing "rent free" to the poor: (i) makes public housing a free good. (ii) involves no opportunity cost. (iii) is the merely way to shelter the homeless. (iv) only transfers costs from one group to the other. Ple

  • Q : Economic problem in all societies Can

    Can someone explain/help me with best solution regarding problem of economic concept of societies... Within all societies, the economic problem involves: (1) learning to be content with what is obtainable, (2) Equa

  • Q : Comparative Systems-Socialism I have a

    I have a problem in economics on Comparative Systems- Socialism. Please help me in the following question. From roughly 1890 till year1990 or thus, the main challenger of capitalism was: (1) Monarchy. (2) Fascism. (3) Socialism. (4) Anarchism.

  • Q : Issues of normative economic policy

    Economic policy matters are usually: (w) simply resolved by positive analysis alone. (x) normative, but workable solutions based on positive analysis. (y) either strictly macroeconomic, or strictly microeconomic. (z) better resolved using common sense

  • 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