the laissez faire model is inspired by the work of which economic philosopher?

Answers

Answer 1

Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.

I hope this helped! :)

Answer 2

The model of laissez-faire was inspired by the work of  John Stuart Mill, who was an economic philosopher.

What is a laissez-faire model?

Laissez-faire is a free-market economic ideology that opposes government interference. During the 18th century, the French Physiocrats created the laissez-faire philosophy. Laissez-faire proponents believe that when governments intervene in industry and markets, economic prosperity suffers.

John Stuart Mill's work "Principles of Political Economy" influenced the laissez-faire paradigm (1848). According to this concept, the government should not be overly involved in the market and should take a hands-off attitude.

Therefore, it can be concluded that John Stuart Mill work was inspired by the laissez-faire model.

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Related Questions

the table shows data that were collected from people who attended a certain high school basketball game and indicates the team each person rooted for and whether each of these people purchased food during the game. a person who attended the game will be selected at random. which of the following correctly interprets mutually exclusive events represented by the table?

Answers

The statement that correctly represents mutually exclusive events represented by the table is rooting for the home team and rooting for the away team.

Mutually exclusive events are events that cannot occur together. If one event occurs, then the other event cannot occur. For example, if you roll a dice once, you cannot get a five and three at the same time. It would be either of the two.

Looking at the table, you cannot root for the home team and the away team at the same time. A person has to choose which team to root for. Also, you can either purchase food or not purchase food. Thus, these are the mutually exclusive events.

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nothing is ________ than a sales presentation which proceeds from the sellers perspective.

Answers

People often engages in different tactics so as too make sales. Nothing is worse than a sales presentation which proceeds from the sellers perspective.

There is always the need for assessment  as it is very vital. A good assessment gives one the room to channel one's presentation to your audience and make it interesting.

There are three Stages to Sales Process. They are;

QualificationCollaboration Negotiation

Conclusively, Relationship selling is known as when a sales representative serves as a partner to the buyer.

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when preparing your taxes, what can possibly help reduce the amount of taxes that you owe?

Answers

Answer:

By Opening a saving account

When preparing your taxes a tax credit can help you to reduce the amount of taxes that you owe.

A tax credit can be referred to as an item that is used directly to reduce what someone has to pay as taxes in a year. The tax credit helps by decreasing a person's tax liability.

The tax credit could be automatically gotten or it could be claimed. Tax deductions can also be used to reduce the amount that a person earns just before they calculate their taxes.

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How do consumers benefit from accumulating airline miles?
A. Consumers can use the miles to purchase airline tickets.
B. Consumers can use miles as a tax deduction.
C. Consumers can use miles to purchase a home.
D. Consumers can decline travel insurance.

Answers

Answer:

I think is b.

Explanation:

or d but double check just from background i eliminate a and c

According to Peter G. Keen, a former MIT professor, which is a benefit of a decision support system (DSS)

Answers

According to Peter G. Keen, a benefit of a decision support system is that it helps in making better decisions.

A decision support system simply means a computerized program that is used for supporting judgments in an organization. It's used for decision-making.

According to Peter G. Keen, a decision support system is also vital as it helps in increasing communication and saves costs. It also aids new insights and learning.

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Producing output at the lowest possible total cost per unit of production is: Multiple choice question.

Answers

Efficiency is defined as the production of  output at the lowest possible total cost per unit of production.

Efficiency involves maximizing all the benefits and importance of the 4

labors of production such as Land, Capital and Labor. When this occurs

efficiency is achieved and the cost of production decreases.

The decrease in the cost of production thereby gives rise to a corresponding increase in profit.

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Choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, LLC, C corporation, S corporation, or nonprofit corporation). Explain why this structure would be good for this type of company.

Answers

Answer:

nonprofit corporation - literally anything involving donations - your welcome

Explanation:

Good Grains Bread Corp. plans to increase profits by providing custom bread baking mixes to the various countries where it sells. The company wants to match the tastes and preferences of the consumer in each of these markets. What type of strategy is Good Grains Bread Corp. using

Answers

The strategy Good Grains Bread Corp is using is localization.

Marketing localization is a marketing term that refers to the strategy in which a company focuses on a specific area and markets its product in that area (different from its origin)

One of the main characteristics of marketing localization is that companies offer products according to the tastes and preferences of buyers in those places (product customization). Likewise, companies adapt the image of their product to the language and culture of the destination.

According to the foregoing, it can be inferred that Good Grains Bread Corp is implementing localization to offer personalized products according to the preferences of its buyers in the different places where it sells its products.

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Question 4 of 4
What method of accessing a scaffold is unsafe and should never be used?
Using a ladder
Climbing a stair tower
Using a ramp
Climbing on cross braces
Mute
Forward
> CareerSafe

Answers

A method of accessing a scaffold that is unsafe and should never be used is Climbing on cross braces.

Climbing the structural braces of a scaffold has been ruled as unsafe and therefore it is highly forbidden. OSHA regulatory standards doess not permit this.

But it gives the permission to gain direct access through a different scaffold or a different structure.

Portable ladders, hook-on ladders, attachable ladders and ramps may also be used if non of these are available.

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On June 30, Nance Company receives a $5,000, 90-day, 4% note from a customer as payment on her account. How much interest will be due on the note's maturity date

Answers

Answer:

50$

Explanation:

5000 x 4% x 90/360 = 50$

Which descriptions offer examples of Planning workers? Check all that apply.

Isabel travels to foreign countries to build relationships with political officials.
Mai creates recommendations for how to use land, buildings, and structures.
Lamar writes and analyzes laws.
Francisco creates reports to help a community decide which land to make into parks.
Matthew interviews members of the community to find out which public buildings and parks they use most often.
Ruth analyzes property to determine how much money it is worth.

Answers

The descriptions that offer examples of Planning workers are as follows:

B. Mai creates recommendations for how to use land, buildings, and structures.

D. Francisco creates reports to help a community decide which land to make into parks.

E. Matthew interviews members of the community to find out which public buildings and parks they use most often.

Most of the workers involved in city Planning include Architects, Civil Engineers, Economists, Geographers, Landscape Architects, Market Research Analysts, and Political Scientists.

Thus, Mai, Francisco, and Matthew are examples of Planning professionals or workers.

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Answer:

B, D, E

Explanation:

Sorry it's not as fancy as the other one but I just got it right on edge 2022

_____ refers to raw materials, work-in-process, or finished goods that are maintained to support production or satisfy customer demand.

Answers

Answer:

inventory

Explanation:

inventory refers to raw materials, work-in-process, or finished goods that are maintained to support production or satisfy customer demand.

Bear State Bank has decided that tellers must rotate through a new weekend shift on Saturday afternoons because several of its financial competitors have recently begun to offer additional hours to customers. Bear State Bank is implementing a(n) ________ change. Multiple Choice adaptive reactive innovative radically innovative

Answers

In this scenario of the bank rotating a new weekend shift, then, we can say the bank is implementing an innovative change.

In organization development, innovative changes are very important because its helps to creates or captures a new organizational value in a new way.

Normally, there will have been series of operation innovation performed in the organization, but here, the is a change in innovation because of the adjustment and rotation of new weekend shift.

In conclusion, the Option B is correct because bank is implementing an innovative change.

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why is it useful to have your bank account and routing numbers when using tax preparation software?

Answers

It is useful to have one's bank routing number and account number because it may or may not be required when filing tax return or preparing tax payment.

The tax preparation software are software which allows the preparation of tax payment and to e-file tax returns.

The bank account and routing numbers are part of the compOnent of the Tax forms during preparation and filing for tax return.

Therefore, it is useful to have one's bank routing number and account number because it may or may not be required when filing tax return or preparing tax payment.

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Angel has worked as a restaurant server, as a mechanic, as a massage therapist, and as a teacher since he finished college five years ago. He now wants to apply for a cruise ship position, but is unlikely to receive one based on his lack of relevant experience and frequent job changes.

True
False

Answers

The answer is true because he doesn’t have relevant experience and has changed jobs a lot

New Day Vitamin Company's __________ relies heavily on advertising, personal selling, and a limited use of product sampling.

Answers

New Day Vitamin Company's promotion mix relies heavily on advertising, personal selling, and limited use of product sampling.

A promotion mix simply means the blend of different promotional tools that are used by organizations to create and increase the demand for goods and services.

A company's promotion mix combines promotional tools such as personal selling, advertising, sales promotion, publicity, sampling, public relations, etc.

In conclusion, the correct option is promotion mix.

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Grace wishes to buy a corporate bond with a par value of $1,000 from SFT Legal. If Grace’s broker charges her a commission of 4% of the market value of each bond, and SFT Legal has a market rate of 103. 563, how much commission does Grace owe her broker? a. $107. 56 b. $41. 43 c. $40. 00 d. $44. 14.

Answers

Answer:

Answer is b

Explanation:

4×100=400

since it is in percentage

400×103.563=41.43

when making a decision only ______ costs and benefits should to be included in the analysis.

Answers

“only (Relevant) costs and benefits...”

what is the key difference between primary productivity and net primary productivity?

Answers

Answer:

What is the key difference between primary productivity and net primary productivity? Net primary productivity represents just the energy used to build biomass. Net primary productivity is a small fraction (often ~10%) of primary productivity.

Explanation:

Answer:

What is the key difference between primary productivity and net primary productivity? Net primary productivity represents just the energy used to build biomass. Net primary productivity is a small fraction (often ~10%) of primary productivity.

Explanation:

Identify the statements that describe life before the nationalization of the American market during the market revolution. Correct Answer(s) Drag appropriate answer(s) here Americans lived only to the east of the Appalachian Mountains; the mountains provided a natural border between Anglo-Americans and native peoples. Press Space to open Cash was not widely distributed throughout the country and was utilized mainly in coastal cities. Many Americans bartered for what they needed. Press Space to open Most Americans lived isolated lives not much different from the lives of their colonial forebears. Press Space to open Many Americans were tasked with sustaining their own lives since consumer goods and services were not readily available to them. Press Space to open Most Americans lived nomadic lives, traveling from town-to-town in search of work

Answers

Considering the options available, the statements that describe life before the nationalization of the American market during the market revolution include "Many Americans bartered for what they needed."

Other statements that describe life before the nationalization of the American market during the market revolution are the following:

Many Americans were tasked with sustaining their own lives since consumer goods and services were not readily available.

Cash was not widely distributed throughout the country and was utilized mainly in coastal cities.

Most Americans lived isolated lives not much different from the lives of their colonial forebears.

Hence, in this case, it is concluded that the correct answer is Options B, C, D, and E.

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according to current growth charts, an infant can be expected to ______ his or her birth weight by 1 year of age.

Answers

Infants can be expected to triple their birth weight by 1 year

According to current growth charts, an infant can be expected to triple his or her birth weight by 1 year of age.

What is growth?

The term "growth" describes an increase in the size and mass of an organ or a body. Cell division and an increase in intracellular material are the usual mechanisms. Development is the maturing of an organism's physiological and functional systems.

The average baby will gain twice as much weight throughout the first six months of life. They will gain three times as much weight from birth to age one. The first three months of life will see a daily weight rise of roughly an ounce.

Think about the following general recommendations for newborn growth in the first year: A newborn may gain 5 to 7 ounces (about 140 to 200 grams) and grow 1/2 to 1 inch (around 1.5 to 2.5 cm) or more per week from birth until age 6 months. By roughly five months old, your baby should have gained twice as much weight as at birth.

Therefore, Thus, option (A) is correct.

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A. triple.

B. double.

C. quadruple

Question #4
Generally, when receiving a business card from an international
business person you should:
O Set the card aside so you can study it later.
O Thank the person for giving you their card.
O Immediately place the card in your pocket.
O Carefully review the card and then put it in a special place.

Answers

Generally, when receiving a business card from an international business person, you should B. Thank the person for giving you their card.

 

Expressing gratitude remains the first courtesy practice in any business meeting, much more an international business meeting.

 

After expressing gratitude for the card, you can later study and thoroughly review it before putting it in your international cardholder.

 

Thus, the first reaction after receiving a business card from an international business person is Option B.

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Penalties for late payments, liens, foreclosures, and garnished wages are
steps a lender can take when you:
A. leave a loan unsecured.
B. fail to pay back a loan.
C. fail to secure your loan.
D. leave a lien on a loan.

Answers

Answer:

I believe the answer would be option B.

Explanation:

Penalties for late payments, liens, foreclosures, and garnished wages are steps a lender can take when you fail to pay back a loan.

Answer:

B

Explanation:

Penalties for late payments, liens, foreclosures, and garnished wages are steps a lender can take when you fail to pay back a loan.

Defaulting on a secured loan is most likely to result in:
O A. losing the property used as collateral.
O B. lower interest rates on future loans.
O c. better offers from credit card companies.
O D. a faster loan-application process.

Answers

It should be noted that defaulting on a secured loan will lead to A. Losing the property used as collateral.

A secured loan simply means a loan that is backed by collateral such as a car or home. In such a case, it's used as payment once the lender doesn't pay back the loan.

Therefore, defaulting on a secured loan is most likely to result in losing the property used as collateral. When one doesn't pay back at the due date, the collateral will be forgone.

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Answer:

a

Explanation:

what are some of the industries which will be impacted by the application of quantum computing, as discussed in the prep material?

Answers

Some of the industries that are going to be impacted by the application of quantum computing includes:

The finance industry The energy industryPower sectorTransportationAerospace and Automotive industryPharmaceuticalsCyber security

Quantum computing can be described as a computational type that has to do with the usage of the collective abilities of quantum states to carry out calculations.

Quantum computers are used to carry out these computations. What is used to carry out the computations are:

superposition, interference, and entanglement.

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Which best diagrams the correct obstacle to the example?

Answers

economic trade this is your answer hope it's helpful to you

Economic Trade is the answer.

The National Park Service's efforts to attract, maintain, and enhance relationships with customers and visitors to the park is an example of

Answers

The example that the National Park Service shows by attracting, maintaining, and enhancing relationships with customers and visitors is D. relationship marketing.

Relationship marketing offers goods and services to customers through sales and advertising that achieve long-term customer value. The relationship is built and maintained with existing customers to attract new customers.

Thus, the NPS's efforts enable it to build lifetime customer loyalty that ensures long-term value creation.

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"take hundred now is more valuable than take hundred after one year" explain it​

Answers

Answer:

Today's dollar is worth more than tomorrow's because of inflation (on the side that's unfortunate for you) and compound interest (the side you can make work for you). Inflation increases prices over time, which means that each dollar you own today will buy more in the present time than it will in the future.

Using one of the leadership roles or extracurricular activities you prioritized as being important to you, describe what impact the experience had on you, what you contributed, what you learned about yourself, and how it has influenced your plans for the future?

Answers

One of the leadership roles that are on the rise in today's globalized environment is the role of the visionary leader, who is one who has a strategic and planned vision about the organizational resources and future of the company.

A visionary leader aims to keep the organization in line with the highest standards of innovation, always attentive to new trends and market changes, using a systemic vision.

Therefore, relating the visionary leadership role to personal development, one can understand aspects that will help an individual to be adaptable to eventualities, be more organized, manage essential resources and plan for the future.

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how did the telecommunications act of 1996 change the media landscape?

Answers

It opened the way for the consolidation of media ownership

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