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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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What protections were built into the Charter of the Medieval Town of Lorris, France for the tenant or homeowner?
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The correct answer to this open question is the following.

Although there are no options attached we can say the following.

The protections that were built into the Charter of the Medieval Town of Lorris, France for the tenant or homeowner were the following.

The King was very interested in the protection of the people of France in that they were "the motor" of the economy of the Middle Ages.

The French small towns had active participation in the economy of the kingdom and had to be protected in those dark ages of the centuries 11th and 12th.

In this case, the charter of Lorris, France, was granted by King Louis VII. The year: 1155.

The charter included important articles such as that the inhabitants of Lorris only needed to pay "sixpence" for their homes and for each acre of land they owned. The charter clearly said that nobodu¿y could force the people to pay extra taxes. People were forced to travel far away to the degree they could not return home on the same day. People were exempted to pay tolls when they crossed the regions of Orleans, Milly, or Etampes. People could not be arrested when they were working in the markets. The only exception was if they were disturbing the peace of the place.

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Explanation:

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Who fired the shot that began the American Revolution?
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the correct answer is c. And authoritarian government

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1 1. Thomas needs to add a sentence to the end of the second paragraph (sentences 5-9) to bring the paragraph to a more effectiv
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