Question

According to robert smith what impact does the profit system have on the environment

Answer 1

Answer:
To Smith, on the other hand, profit began to appear as an income uniquely associated with the use of capital in the employment of wage-labor"

Explanation:
To Smith's predecessors, generally speaking, profit had appeared as 'profit upon alienation'-i.e., as the gain from buying things cheap and selling them dear. To Smith, on the other hand, profit began to appear as an income uniquely associated with the use of capital in the employment of wage-labor"