0
Rusty Hahn ∙
production
intellectual labor
Thomas Robert Malthus believed that overpopulation would cause labor to overwork the land.
Karl Marx A+
Sir William Petty
Adam Smith.
Gross Domestic Product
People are trained to do specific portions of a task in order to speed production of the total task. A+
the GDP includes only the firms that are owned by American citizens.
unemployment benefits A+
specialization would lead workers to a higher overall level of skills A+
by subtracting a country's imports by the exports
inflation
the sum of all non-financial business investments
It will not be as efficient as before. A+
Private Schools (A+)
Landowners, Farmers, Businessmen and Craftsmen.
François Quesnay