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finlep [7]
3 years ago
7

What impact did Adam Smith have on the u .s free enterprise system

History
1 answer:
Andrei [34K]3 years ago
6 0

Adam Smith is generally regarded as the founder of modern economics. Adam Smith advocated the capitalist free enterprise system, based on the belief that men are motivated by rational self-interest. His book "Wealth of Nations" became a standard text book for economists throughout the Western world

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