1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kondaur [170]
2 years ago
9

What were adam smith's ideas and how did they affect people's views of industrialism?

History
2 answers:
Stells [14]2 years ago
5 0

Adam Smith was the father of capitalism, the theory that individuals should own the means of production and government should not become involved. It was because of his thinking that private business enterprises were allowed to develop unhindered with their sole motive being profit.

Smith was the author of <span>An Inquiry into the Causes of the Wealth of Nations. </span>He opposed the old theory of Mercantilism and suggested private ownership of enterprise instead. His argument was that government should only provide those services which could not be offered by private enterprise for profit, primarily national defense and public services such as police protection and water and sewer. He illustrated the operation of the factory system by describing a pin factory:

One man draws out the wire, another straights it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head….and the important business of making a pin in this manner, divided into about eighteen distinct operations

gavmur [86]2 years ago
4 0

<span><span>Adam Smith was the father of capitalism, the theory that individuals should own the means of production and government should not become involved. It was because of his thinking that private business enterprises were allowed to develop unhindered with their sole motive being profit.Smith was the author of <span>An Inquiry into the Causes of the Wealth of Nations. </span>He opposed the old theory of Mercantilism and suggested private ownership of enterprise instead. His argument was that government should only provide those services which could not be offered by private enterprise for profit, primarily national defense.Hope this helped!:)</span></span>
You might be interested in
Describe the 6 methods used by the Africans to resist colonization of southern Africa​
Nitella [24]

Answer:

uqedbh

Explanation:

idjcon

5 0
3 years ago
Which event happens last in the appeals process??
ExtremeBDS [4]
I think you forgot to give the options along with the question. I am answering the question based on my knowledge and research. "The Supreme Court rules on a case" would be the event that <span>happens last in the appeals process. I hope that this is the answer that has actually come to your desired help.</span>
5 0
3 years ago
The ending of the pullman strike is significant because it
sergeinik [125]

Answer:

The answer is The completion of the Pullman strike is critical in light of the fact that it prompted grind changes.

Explanation:

As they were, expanded wages, workday shortened, law passed controlling work conditions, well being, and security (Labor Law which sets the rights and obligations for representatives, worker's organizations, and bosses in the United States.), other than the establishment of the American Railway Union.Labor laws have a uniform reason: they ensure representatives' rights and put forward managers' commitments and duties. They additionally have different capacities. The essential elements of work laws are to give measure up to circumstance and pay, representatives' physical and mental prosperity and security, and work environment assorted variety.

5 0
3 years ago
Read 2 more answers
What important development helped increase public safety in the 1890s?
AVprozaik [17]

Electric streetlights, your welcome .

7 0
3 years ago
Read 2 more answers
There was little economic growth in Europe after the fall of the Roman Empire , during the Middle Ages, but (mention the crusade
Katen [24]

Although the Crusades are popularly viewed as religiously inspired campaigns to recapture the Holy Land, students should recognize them as a result of the social and economic events in Europe between 1000 and 1200. Religious and secular leaders seeking to end the fighting among feudal lords seized upon the Crusades as a means of redirecting that aggression. Feudal knights who would not be inheriting their family properties eagerly enlisted in the Crusades as a way to win wealth or status. The idea of the pilgrimage was a powerful one, and the Crusades were basically armed pilgrimages to the Holy Land. The various Crusades ultimately failed. The sack of Constantinople was a fitting denouement to the whole concept. The interaction with the East brought to Europe not only Arabic translations of Greek texts, but also original Arabic and Iranian scientific and philosophical works.


5 0
3 years ago
Read 2 more answers
Other questions:
  • New England became the first major industrialized region in the United States due to
    12·1 answer
  • The rise of feminism in the 1960s was connected with which of the following events? (1 point)
    8·2 answers
  • Which leader was inspired by the ideas of the enlightenment and revolutions to lead the liberation movement of south america fro
    11·1 answer
  • What supports Fredrick Douglass the idea slavery was humiliating
    11·1 answer
  • Was the Vietnam war winnable
    8·2 answers
  • Why did icarus's wings finally fall apart?
    7·2 answers
  • do you think it's so important to study the effects of the slave trade today even in the 21st century​
    13·2 answers
  • Name at least two factors that brought hellenistic society
    12·1 answer
  • What technology did Louis Joliet use?
    7·2 answers
  • What did George Washington do to support his troops?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!