According to Adam Smith, the desire to earn more money as a baker or another profession benefits society by generating free competition and developing the market, generating lower prices, higher quality of products and services, and faster production.
<h3>Who was Adam Smith?</h3>
Born in Edinburgh in 1723, Smith was a philosopher and economist who advocated economic liberalism. For him, it should have complete economic freedom to increase private initiative.
Through his ideas based on less state intervention in private property, Adam Smith was an influencer for the development of capitalism.
Therefore, in the Enlightenment period, Adam Smith instituted ideas in support of free trade, being supported by the bourgeoisie who were against the absolutism still practiced by the kings at that time.
According to his theory, liberalism would promote economic freedom that would regulate the market through free competition.
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c. <u>The lend-Lease Act of 1941</u> demonstrates the U.S. shift from neutrality to involvement in World War II.
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Answer:
A. It further divided the Northern and Southern states.
Explanation:
In the text it says,
"People in the south believed the law would force northerners to recognize the rights of southerners. Instead enforcement of the law convinced more people in the north of the evils of slavery."
This separates the Northern and Southern states even more.
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After that, Liu Bang established the Han Dynasty.
