Indeed, during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the role of government.
<h3>What were the ideas of Adam Smith about the government's role?</h3>
Adam Smith, who emphasized the importance of productive labor, self-interest, capital investments, and profits, believed that the limited and well-defined role of government in capitalism should concentrate on:
- Enforcing contracts
- Administration of justice
- Provision of public goods
- Provision of national defense
- Granting of patents and copyrights
- Encouraging inventions and new ideas.
Adam Smith declared that the invisible hand or self-interest should guide economic productivity because capital investments always aim toward profitability.
He firmly believed that the market forces of supply and demand, division of labor, and pursuit of self-interest, with little government intervention, should form the bedrock of capitalism.
Thus, it is true that during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the limited role of government.
Learn more about Adam Smith's ideas on capitalism at brainly.com/question/15619229
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Answer:
One of the answers
Explanation:
States' Rights refers To the struggle between the federal government and individual states over political power. In the Civil War era, this struggle focused heavily on the institution of slavery and whether the federal government had the right to regulate or even abolish slavery within an individual state.
Answer:
https://quizlet.com/66820051/mexican-american-war-flash-cards/
Explanation:
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Answer: b. The governor thought Cortes wasn’t following orders.
Explanation: Cortés was part of the generation of Spanish explorers and conquistadors who began the first phase of the Spanish colonization of the Americas. ... When the Governor of Cuba sent emissaries to arrest Cortés, he fought them and won, using the extra troops as reinforcements. Hope this helps!
Many people in Western Africa converted to Islam and this was the social impact that post classical Muslim conquests had on Africa. The correct option among all the options that are given in the question is the first option or option "a". I hope that the answer has come to your help.