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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.

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4 years ago
What hobbies/interests did the ancient Indians have?
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6 0
3 years ago
State whether the following are true or false;
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a is false (sorry I don't know the other ones)

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Explanation:

Hope that this is helpful.

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8 0
3 years ago
Read 2 more answers
Which is an example of a secondary source? news film footage a diary a magazine article a speech.
ivolga24 [154]

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A magazine article,

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