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
givi [52]
3 years ago
11

Explain the theory of capitalism as defined by Adam Smith

History
1 answer:
DochEvi [55]3 years ago
7 0

A major difference between Adam Smith's view of economics and that of present-day capitalist theory is that Adam Smith viewed value as a product of labor, and thus operated under the Labor Theory of Value, which was used by basically all economists until the Labor Theory of Value became central to Marxism.

You might be interested in
How does young Ji-li’s perspective compare to her father’s?
monitta

Answer:

She supports Chairman Mao and his polices, while he is suspicious of them.

Explanation:

i got it right

7 0
3 years ago
Read 2 more answers
The wealth that enabled the italian city-states to lead in the development of renaissance arts was derived mainly from what?
dalvyx [7]
A)the quantities of gold and silver brought back to Italian explorers 
<span>b)concentration of riches in the hands of the king and his court </span>
<span>c)their participation in trade between Europe and the East </span>
<span>d)the location of the Vatican in Italy</span>
7 0
3 years ago
Read 2 more answers
Which of the following was a successful effort by Congress to protect the rights of the newly freed enslaved people?
CaHeK987 [17]

Answer:

the Wade-Davis Bill

Explanation:

The Wade-Davis Bill established black codes to limit the rights of African Americans.

7 0
2 years ago
Read 2 more answers
Explain why many Russians called for reforms in the early 1900s?
Jlenok [28]
In the early 1900s, Russia was one of the most impoverished countries in Europe with an enormous peasantry and a growing minority of poor industrial workers. ... The emancipation of serfs would influence the events leading up to the Russian Revolution by giving peasants more freedom to organize.
5 0
2 years ago
How did wheat production improve between 1830 and 1890
NemiM [27]

Answer:

Explanation:

Around 1830, producing 100 bushels of wheat required 250 to 300 hours of labor. By 1890, the labor required had decreased to between 40 and 50 hours. Wheat production efficiency improved five to eight times in this period.

In 1850, it took 75 to 90 hours of labor to produce 100 bushels of corn. By 1890, the same amount of corn required only 35 to 40 hours of labor. The amount of corn produced per hour of labor approximately doubled between 1850 and 1890.

Production improvements are linked to innovations such as the use of chemical fertilizers, threshing and mowing machines, and better plows and harrows.

Hope this helps:D

<u><em>-Jazz</em></u>

6 0
2 years ago
Other questions:
  • If a rancher felt that low flying U.S. military aircraft were causing him to lose livestock, he could take this issue to this co
    14·2 answers
  • What was the purpose of the Troubled Assets Relief Program (TARP) in late 2008?
    14·2 answers
  • What was the significance of the War Powers Act? It granted more power to the president to declare a war. It prevented Congress
    15·2 answers
  • The diffusion of religion is best described as the process of __________.
    14·2 answers
  • The Balfour Declaration was supported by
    15·2 answers
  • Asia is the world largest emitter of what?
    12·2 answers
  • Explain how freedom might be protected or preserved
    7·2 answers
  • Choose a second group and briefly explain how the Great Depression impacted the lives of individuals in that group. Women
    9·2 answers
  • Discuss drought in California. What can we do to prevent drought?
    6·1 answer
  • Which statement best describes the effect of the New Deal on the Great Depression?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!