They were the most interested into tea. Watch TED Animation “The History Of Tea” for more info.
Answer: Free Market = usually a good way to run an economy.
Government can help a Free Market.
A Country's Standard of Living is determined by Productivity.
Prices of Good go up when government prints money.
There is a temporary tradeoff between unemployment and inflation.
Explanation:Smith never uses the term “capitalism;” it does not enter into widespread use until the late nineteenth century. Instead, he uses “commercial society,” a phrase that emphasizes his belief that the economic is only one component of the human condition.
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It was "Korea" that was <span>called the "Hermit Kingdom" because of its lack of contact with outside influences, (specifically North Korea in later years), since it was very isolated politically and economically. </span>
