Some factors include: natural resources, immigration, government, entrepreneurs and inventors. It led to rising standard of living, improvement of transportation, and growing populations.
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Answer:
...“The father of modern economics supported a limited role for government. Mark Skousen writes in "The Making of Modern Economics", Adam Smith believed that, "Government should limit its activities to administer justice, enforcing private property rights, and defending the nation against aggression." The point is that the farther a government gets away from this limited role, the more that government strays from the ideal path... How this issue is handled will decide whether the country can more closely follow Adam Smith's prescription for growth and wealth creation or move farther away from it.”
Jacob Viner addressed the laissez-faire attribution to Adam Smith in 1928...
Here is a list of appropriate activities for government, which goes way, way beyond Mark Skousen’s extremely limited – and vague – 'ideal' government. That ... he goes on to attribute his ‘ideal’ list to Adam Smith ... is not alright.In fact, its downright deceitful, for which there is no excuse of ignorance (before attributing the limited ideal to Adam Smith we assume, as scholars must, that Skousen read Wealth Of Nations and noted what Smith actually identified as the appropriate roles of government in the mid-18th century).
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D: Both government employees and private citizens
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right on edge
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2.
3. Buddhists and Hindus
4. More productive farming created a surplus of food , which could be sold.
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The President cannot declare war, decide how federal money will be spent, interpret laws, and choose Cabinet members or Supreme Court Justices without Senate approval.
