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allochka39001 [22]
3 years ago
10

According to Smith, what are a ruler's three basic duties? Note that he does not describe any duties regarding businesspeople. A

ssuming that he left this out on purpose, how do you think Smith believes governments should act toward businesses?
History
1 answer:
liberstina [14]3 years ago
6 0

Adam Smith (1723 – 1790) was a Scottish economist. In 1776, he published The Wealth of Nations, which became the foundation of modern economics.

Smith saw the first duty of government was to protect the nation from invasion. Next, he supported an independent court system and administration of justice to control crime and protect property. Finally Smith favoured a system of “public works” that profits-seeking individuals may not be able to efficiently build and operate.

At the beginning stages of industrialization, Smith recognized that repetitive factory jobs dulled the minds o workers. Smith wanted all classes, even the poorest, to benefit from the free-market system. This is why I think  Adam Smith would agree with government interventions with businesspeople like Social Security, minimum-wage laws, child-labour laws and anti-monopoly laws.

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The  forms of Government in china differ from the forms of government in costa rica because  Chinese political system is authoritarian while the one in Costa Rica is a democratic republic.

<h3>How did the   forms of Government in china differ from the forms of government in costa rica?</h3>

Costa Rica can be described as a country that practice a  democratic republic  which has a very  strong system of constitutional checks and balances.

Chinese political system on the other hand is  authoritarian , which made it to be differnt.

It should be noted that Authoritarianism which is the form of government that is been adopted by the Chinese is been described as the rejection of political plurality.

It should be noted that this involves the use of strong central power , and this is to be able to preserve the political status quo in the system.

It involves the reductions as regards the rule of law as well as separation of powers and this is not inline with the democratic voting.

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