3 years ago

Explain the theory of capitalism as defined by Adam Smith

1 answer:

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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nevsk [136]

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<h3>Why were there more civilian deaths in WWII?</h3>

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Find out more on civilian deaths in WWII at brainly.com/question/10577518.

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Natasha2012 [34]

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