According to Adam Smith, the desire to earn more money as a baker or another profession benefits society by generating free competition and developing the market, generating lower prices, higher quality of products and services, and faster production.
<h3>Who was Adam Smith?</h3>
Born in Edinburgh in 1723, Smith was a philosopher and economist who advocated economic liberalism. For him, it should have complete economic freedom to increase private initiative.
Through his ideas based on less state intervention in private property, Adam Smith was an influencer for the development of capitalism.
Therefore, in the Enlightenment period, Adam Smith instituted ideas in support of free trade, being supported by the bourgeoisie who were against the absolutism still practiced by the kings at that time.
According to his theory, liberalism would promote economic freedom that would regulate the market through free competition.
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brainly.com/question/1315231
Slave status was traditionally assigned to people living in tribes who were very poor, they did not posses lands,. The most ancient civilizations had some form of slavery present in early days. It seemed that slavery was necessary to construct the New world because they helped sustain the coffee, tobacoo, sugar and most of the economy.
Answer:
Yes
Explanation:
Germany's economy couldn't afford to pay the required amount of money. However, they did in a way deserve it.
Answer:
b
Explanation:
because he was not involved in an attack on iraq and its leader
