Question

How did adam smith ideas impact the development of industrial revolution?

Answer 1

Adam Smith Industrial Revolution. ... With this book, Smith helped to lay the ideological (and therefore policy) foundations for the development of capitalism. These included the idea that government interference (tariffs, subsidies, regulations, and so on) was counterproductive to economic growth.

Answer 2

Adam Smith pushed for the idea of the free market to limit or eliminate governmental power over businesses thus allowing businesses to prosper