Answer: In a capitalist economy the role of government is very limited The main functions of government as given by Adam Smith are to maintain law and order in a country make national defense stronger and regulate money supply According to Smith the market system administers various economic functions.
<span>The "door" is the amendment process, which allows for changes to the constitution. They included it because things change and government must be capable of changing or it will stagnate and die. They did not make it an easy process, because the constitution was largely a very good document, and the limits that it placed on the government were very important, as most of them continue to be today.</span>
The 18th Century Age of Enlightenment in Scotland is universally acknowledged as a cultural phenomenon of international significance, and philosophy equally
widely regarded as central to it. In point of fact, the expression ‘Scottish Philosophy’ only came into existence in 1875 with a book of that title by James McCosh, and the term ‘Scottish Enlightenment’ made an even later appearance (in 1904). Nevertheless, the two terms serve to identify an astonishing ferment of intellectual activity in 18th century Scotland, and a brilliant array of philosophers and thinkers. Chief among these, after Hutcheson, were George Turnbull, Adam Smith, Adam Ferguson, Hugh Blair, William Robertson and of course, David Hume. Hume apart, all these figures were university teachers who also actively contributed to the intellectual
inquiries of their time. Most of them were also clergymen. This second fact made the Scottish Age of Enlightenment singularly different from its cultural counterparts in France and Germany, where ‘enlightenment’ was almost synonymous with the rejection of religion. By contrast, Hutcheson, Reid, Campbell, Robertson and Blair were highly respected figures in both the academy and the church, combining a commitment to the Christian religion with serious engagement in the newest intellectual inquiries. These inquiries, to which Hume was also major contributor, were all shaped by a single aspiration – a science of human nature. It was the aim of all these thinkers to make advances in the human sciences equivalent to those that had been made in the natural sciences, and to do so by deploying the very same methods, namely the scientific methodology of Francis Bacon and Sir Isaac Newton
The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained its external exchange rates within 1 percent by tying its currency to gold and the ability of the International Monetary Fund (IMF) to bridge temporary imbalances of payments.
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