Adam Smith (1723 – 1790) was a Scottish economist. He was deeply critical of Christianity because of his own observation of hypocrisy within Protestantism.
In 1759, Smith published The Theory of Moral Sentiments, which established Smith’s reputation in his own days, is concerned with the explanation of moral approval and disapproval. He based his explanation on sympathy as a fundamental human motive.
In 1776, he published The Wealth of Nations that became the foundation of modern economics.
There has been considerable controversy as how far there is contradiction between Smith’s emphasis on sympathy in his <em>Theory of Moral Sentiments</em> and the key role of self- interest in <em>The Wealth of Nations</em>.
Smith’s idea of letting an economy without government intervention, called today Laissez faire was not about the government granting special economic privileges to powerful manufacturers and merchants. Mercantile monopolists and their allies in Parliament today, are the great enemies of Smith’s “free market mechanism”.
Answer: The 1920s was the first decade to have a nickname: “Roaring 20s" or "Jazz Age." It was a decade of prosperity and dissipation, and of jazz bands, bootleggers, raccoon coats, bathtub gin, flappers, flagpole sitters, bootleggers, and marathon dancers. (america was a booming age )
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d is the correct answer,......
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What happened in 1970 Major News Stories include Concorde first supersonic flight, Jumbo Jet goes into service, Isle of Wight Festival, Chicago Seven found guilty, Aswan High Dam completed, US and the UK lowers the voting age to 18, 100,000 demonstrate in Washington DC against the Vietnam War, First Earth Day, Beatles disband.
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Capitalistic society's work to make as much money as possible, the more money one could make the better they feel. Therefore, having the laissez fair philosophy which states the government will stay out of business and the process of how companies make money, means that a business could possibly be unmoral and charge outrageous priceses for neccesiets without being checked by a government entity. Making it very very easy to them to make practicly as much money as possible if one wanted to even if it meant being a bit dirty.
