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What is/are John Stuart Mill's key ideas and explain what is it about?
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- Capitalism was originally a smear used by which socialist founder? A. Adam SmithB. Jean-Jacques RousseauC. Vladimir LeninD. Karl MarxE. Paul KrugmanAsap plsBanerjee and Duflo noted that microcredit/microfinance, entrepreneurship training, and financial literacy training, are mostly ineffective if the entrepreneurs are reluctant to engage in business in the first place. As such, based on their potential societal impact (or lack thereof) should these services continue to exist? O Yes; it is more costly to shut them down than to allow them to exist Yes; they provide services that can help sustain small businesses, even if they can't help grow them O No; they provide no actual benefit to society O No; they are harmful to small businesses
- What is/are Parson Malthus's key ideas and explain what is it about?Need answer ASAP... Ismael worked for Abdul until he was able to buy a piece of land where he can develop as agri-tourism farm. The factor of production he uses is _____. a. entrepreneur b. labor c. capital d. landa Discuss the meaning and importance of the Leontief paradox b (a) Discuss the meaning and importance of the Leontief paradox. (b) Summarize the empirical results of Kravis, Keesing, Kenen, and Baldwin on the importance of human capital in helping to resolve the paradox. (c) How was the paradox seemingly resolved by Leamer, Stern, Maskus, and Salvatore and Barazesh? (d) What is the status of the controversy today? a Discuss the meaning and importance of the Leontief paradox b
- What are the five power full countries as realist liberalist and ideaslist.I do not fully agree that companies exist entirely in their own right or are unequivocally the most important organizations in the world. While companies are legally distinct entities that can own assets, make decisions and be held accountable, they are still comprised of and directed by individuals. At their core, companies only exist as a means to coordinate economic activity among people. There are reasonable arguments that companies play a hugely influential economic and social role globally. However, I would hesitate to say they are unambiguously more important than organizations like governments, non-profits or international institutions that are focused on issues like human rights, health, education and environmental protection. Companies operate to generate profit and shareholder value, which does not always align with the broader interests of society. Therefore, other organizations are still needed to regulate markets and address challenges that private industry may not…Using the language of and components of the circular flow diagram, Answer the following questions: 1)Which institution or group of institutions of the circular flow model is missing? Explain how you might include those groups into this model. 2)In what way our business and households both sellers and buyers in this model? 3)What are the flows in this circular flow model? 4)
- "Innovation by the Entrepreneur" argued Schumpeter, leads to gales of "creative destruction" as innovations cause old inventories, ideas, technologies, skills, and equipment to become obsolete. The question is not "how capitalism administers existing structures,…[but] how it creates and destroys them." This creative destruction, he believed, causes continuous progress and improves the standards of living for everyone." Joseph Alois Schumpeter, 1883-1950Links to an external site. In terms a little more modern than Shumpater's, Dr. Abhijeett Desai explains that the predominant form of innovation can look disruptive, but is, in fact, transformational innovation. Explore Dr. Desai's thinking in Transformative Innovations vs. Disruptive InnovationLinks to an external site..If Adam Smith were alive today and looking at our economy what conclusions would be the same/different. Would be a pessimist or optimist about our Technology Revolution? Why?Can some one help me understand how to get to the answer?
