The Economist Credited with Saying, "It Is the Maxim of Every

question 61

True/False

The economist credited with saying, "It is the maxim of every prudent master of a family never to attempt to make at home what it will cost him more to make than to buy," is Adam Smith.

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Definitions:

Failure

Failure is the state or condition of not meeting a desirable or intended objective, often seen as an opportunity for learning and growth.

Sender

The individual or entity that originates and sends a message or information to a receiver during communication.

Source

The origin or point of initiation, often used in referencing the beginning of information, materials, or influences.

Encoder

In communication, it refers to a device or software that converts information from one format or code into another, or the person or system that performs this action.