<span>The concept of capitalism was devised by a man named "A. Adam Smith" who wrote a book called The Wealth of Nations in 1776, since it was Smith who spoke of the "invisible hand of the market". </span>
Answer:
yes the judciial branch has many layers
Explanation:
China does not have <em>enough</em> arable land factor does not hinder agricultural production in China.
<h3>What factors hinder agriculture production in China? </h3>
- China's growing population of china and poor infrastructure <u>facilities</u> in agriculture <u>practice</u> had created a <em>food production</em> shortage in the nation.
- The arable land of China is concentrated in the central east region having the highest sediment deposit due to <u>Yellow river valleys.</u>
Learn more about China's agriculture here:
brainly.com/question/3958129
Adam Smith criticized what he called the "mercantile system" because it restricted trade and thus restricted economic growth. The mercantile system believed the wealth of the world was a fixed amount, measured primarily in gold and silver accumulated. The system promoted a nation selling its products abroad but not needing to buy from others, or imposing heavy tariffs if importing anything. Commerce was heavily controlled by the government through charters granted to specific trading companies.
Smith countered by advocating a free market -- the opportunity for all nations to increase their wealth by exchanging goods freely with one another according to what would become known as capitalist principles.
