Answer:
we trade to get better material. we trade for food and merchandise.
He was an author so he contributed by writing books to acknowledge the age of enlightment of literature and... other things!
<span>Adam Smith's writings came to represent an economic system known as laissez-faire. This was the precursor to capitalism in the sense that the economy was governed by the invisible hands of supply and demand. Naturally, the supply and demand are affected and altered by buyers and sellers. So sellers would try to maximize their profit while competing with other sellers for business. Buyers would try to buy the BEST material without spending an arm and a leg. These cycles gave rise to the development of the more complex entity of capitalism. It also resulted in the polar opposite of economic socialis . i hope it helps</span>
Answer:
The Poor Laws passed during the reign of Elizabeth I played a critical role in the country's welfare. They signalled an important progression from private charity to welfare state, where the care and supervision of the poor was embodied in law and integral to the management of each town.
