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Answer:
Adam Smith was an 18th-century Scottish economist, philosopher, and author who is considered the father of modern economics. Smith argued against mercantilism and was a major proponent of laissez-faire economic policies. In his first book, "The Theory of Moral Sentiments," Smith proposed the idea of an invisible hand—the tendency of free markets to regulate themselves by means of competition, supply and demand, and self-interest.
Explanation:
Smith is also known for creating the concept of gross domestic product (GDP) and for his theory of compensating wage differentials. 2 According to this theory, dangerous or undesirable jobs tend to pay higher wages as a way of attracting workers to these positions.3 Smith's most notable contribution to the field of economics was his 1776 book, "An Inquiry into the Nature and Causes of the Wealth of Nations."
Evangelical Protestants stirred by the religious passions of the Great Awakening joined mobs opposing the Stamp Act because they resented the arrogance of British military officers and the corruption of royal bureaucrats.
They feared that stricter customs enforcement would wipe out French molasses smuggling. (Some merchants, such as John Hancock, made a fortune smuggling molasses out of the French West Indies.)
Whereas the Sugar Act only taxed foreign goods, the Stamp Act taxed items within the colony. Previously, only the colonial assembly was responsible for internal assembly.
To show the American settlers that the British Parliament had the right to tax them and that they were stronger than they were. It was intended to give the settlers legislative power and was a response to the failure of the Stamp Act.
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Answer:
The Great Famine, also known as the Great Hunger, the Great Starvation, the Famine, or the Irish Potato Famine, was a period of mass starvation and disease in Ireland from 1845 to 1849.
Explanation:
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