Indeed, during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the role of government.
<h3>What were the ideas of Adam Smith about the government's role?</h3>
Adam Smith, who emphasized the importance of productive labor, self-interest, capital investments, and profits, believed that the limited and well-defined role of government in capitalism should concentrate on:
- Enforcing contracts
- Administration of justice
- Provision of public goods
- Provision of national defense
- Granting of patents and copyrights
- Encouraging inventions and new ideas.
Adam Smith declared that the invisible hand or self-interest should guide economic productivity because capital investments always aim toward profitability.
He firmly believed that the market forces of supply and demand, division of labor, and pursuit of self-interest, with little government intervention, should form the bedrock of capitalism.
Thus, it is true that during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the limited role of government.
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There reach into everyday Americans.
The head of Hartford Convention was Harrison Gray Otis. Besides him there were 25 other participants:
George Cabot
Benjamin Hazard
Benjamin West
Calvin Goddard
Chauncey Goodrich
Daniel Lyman
Daniel Waldo
Edward Manton
George Bliss
Hodijah Baylies
James Hillhouse
John Treadwell
Joseph S. Lyman
Joshua Thomas
Mills Olcott
Nathan Dane
Nathaniel Smith
Roger Minott Sherman
Samuel Sumner Wilde
Samuel Ward, Jr.
Stephen Longfellow, Jr.
Timothy Bigelow
William Hall, Jr.
William Prescott, Jr.
Zephaniah Swift
Corontology can be defined as a type of mind-body exercise that has been developed in the early 20th century.
<h3>What is Corontology?</h3>
Pilates is a type of mind-body exercise that has been developed in the early 20th century. Pilates called his method corontology.
It is a holistic approach or method of physical culture of exercising in order to alleviate ill-health.
Therefore, B is the correct option.
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Creating jobs with stores and restaurants