B)Railroads - more cities could access railroads and increase trade. was built more in the 1800s.Canals was a short-lived era. [ Railroads beginning in the late 1830s and early 1840s were built because they were faster and more reliable than Canals which were often destroyed by washouts of the banks and floods destroyed many canals. The first transcontinental was completed in 1869, by 1900 there<span>were 15 transcontinental railroads. ]</span>
Adam Smith (1723 – 1790) was a Scottish economist. He was deeply critical of Christianity because of his own observation of hypocrisy within Protestantism.
In 1759, Smith published The Theory of Moral Sentiments, which established Smith’s reputation in his own days, is concerned with the explanation of moral approval and disapproval. He based his explanation on sympathy as a fundamental human motive.
In 1776, he published The Wealth of Nations that became the foundation of modern economics.
There has been considerable controversy as how far there is contradiction between Smith’s emphasis on sympathy in his <em>Theory of Moral Sentiments</em> and the key role of self- interest in <em>The Wealth of Nations</em>.
Smith’s idea of letting an economy without government intervention, called today Laissez faire was not about the government granting special economic privileges to powerful manufacturers and merchants. Mercantile monopolists and their allies in Parliament today, are the great enemies of Smith’s “free market mechanism”.
