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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The boyars, a high rank in the feudal system of Russia and nearby. They were aristocrats.
Answer:
C.The Mayflower Compact
Explanation:
The Mayflower Compact was purposely created to serves as a guiding law and principles to the colonists in 1620. It was built on the principle of majority rule and self-governance of the colony by the settlers.
Hence, Mayflower Compact is the colonial document that eventually served as a model for the establishment of self-government under the articles of confederation. This is because it brought the idea of self-governance in articles of Confederation was based upon.
The Sugar Act did away with the right of smugglers to a trial by <span>admiralty court</span>
Answer:D
Explanation:
He conquered the Incan Emprie in 1532
