Indeed, during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the role of government.
<h3>What were the ideas of Adam Smith about the government's role?</h3>
Adam Smith, who emphasized the importance of productive labor, self-interest, capital investments, and profits, believed that the limited and well-defined role of government in capitalism should concentrate on:
- Enforcing contracts
- Administration of justice
- Provision of public goods
- Provision of national defense
- Granting of patents and copyrights
- Encouraging inventions and new ideas.
Adam Smith declared that the invisible hand or self-interest should guide economic productivity because capital investments always aim toward profitability.
He firmly believed that the market forces of supply and demand, division of labor, and pursuit of self-interest, with little government intervention, should form the bedrock of capitalism.
Thus, it is true that during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the limited role of government.
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Answer:
The answer is B. A body of electors in each state that casts a fixed number of votes for the president based on the combined number of seats the state has in the House and the Senate.
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Telegraphs were common and provided newspapers with the latest news. Telephones were quickly becoming a feature in every household.
<span>Electric lights were replacing the much more dangerous gaslights at a fair clip. </span>
<span>But the biggest improvements provided by technology were in mass production and railroad improvements. Mass production led to lower costs for manufacturers which were eventually passed along to consumers. Improvements to the speed and safety of railroads saved lives and provided fresh produce to much of the country. </span>
<span>After the turn of the 20th century, you saw the wide-spread availability of autos, mechanized flight, radio and like.</span>
Understanding others is very important to building new relationships. If you do not know why a person acts the way they do or even why you react the way you do, then there is little common ground to building a new relationship. Along this line at some point, you have to use acceptance of who another person is and who you believe you are if both of you are to learn how to build a relationship.