Livres from 1789 were the currencies used during that period. It was the currency of France and it had several types and some existed concurrently. Livre was actually established by a French named Charlemagne and it was used as a unit of account and that was equal to one pound of silver. The word Livre has been derived from the Latin word Libra. Libra is originally a Roman unit for weight measurement. The first Livre that was used was known by the name of Livre Carolingienne.Befor the use of Livre as a currency of France, the denier was used as a commonly used currency.
Answer:
Adam Smith is considered the founder of modern economics. He stated that the economic is guided by an invisible hand and that governments should interfere less in some areas of the economic to make it more efficient. He specified that government intervention could be best used in these areas.
1) The creation of social security regulations and also provide national defense to protect the society and all citizens from all the violence and invasions or attack forces from other societies. These of course, is what every society from every country would like to have.
2) The government should establish an exact administration of justice in the context of order and law. These refers to have a court system to apply the right justice for all citizens of a society in an equal manner.
