Answer: Adam Smith described the opposing, but complementary forces of self-interest and competition as the invisible hand. While producers and consumers are not acting with the intent of serving the needs of others or society, they do. Smith argued against mercantilism and was a major proponent of laissez-faire economic policies. In his first book, "The Theory of Moral Sentiments," Smith proposed the idea of an invisible hand—the tendency of free markets to regulate themselves by means of competition, supply and demand, and self-interest. 1
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In 1651,the British parliament, in the first of what became known as the NAVIGATION ACTS, declared that only english ships would be allowed to bring goods into England, and the north american colonies could not only export its commodities, such as tobacco and sugar ,to England. England passed the navigation act to tighten control on the government and the trade.
Atlanta becomes Georgia's capital. From the time Savannah held the title of state capital, a majority of Georgia was unhappy with the choice. ... After the British left, the capital was moved to Augusta, then Louisville while a new city was being built on the Oconee River, reflecting the western move of Georgia's populace.
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In 1898, the Spanish-American War broke out, and the strategic use of the naval base at Pearl Harbor during the war convinced Congress to approve formal annexation. Two years later, Hawaii was organized into a formal U.S. territory and in 1959 entered the United States as the 50th state. Without that advantage we would have lost
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