In Wealth of Nations, Adam Smith argued for a market system beyond the mercantilism of the day.
Before Adam Smith, the world thought of the world economy as a fixed pie. Countries would fight for dominance on slices of the pie. As a result, Government controlled much of the market.
Adam Smith came in and argued in Wealth of Nations for a free market wherein individuals would work to further their own interests, allowing the markets to grow.
The correct answer is (b.) Federalists. Promoting a strict interpretation of the Constitution was one of the main agendas of the Federalists. Federalists are composed of conservative and dedicated lawyers that are willing to debate such principles. As Federalism is the relationship between the US Government and the Federal Government.
During the Cold War, the shaded nations were under control of the Soviet Union.
