Answer:
" The Wealth of Nations ", in which he details the first system of political economy and believed that more wealth to common people would benefit a nation's economy and society as a whole.
Explanation:
Answer:
a market economy
Explanation:
Property rights, competition, and profits are essential characteristics of a market economy.
In a market economy, buyers and sellers encounter each other in the market, and through the forces of supply and demand, they determine the price of goods and services.
Property rights are needed in a market economy in order to create incentives for investors.
Competition is characteristic of a market economy because it atracts an important number of buyers and sellers.
Finally, profits, or the profit-motive, is the main goal of firms in a market economy.
Government must be by the consent of the governed- it means that the people who have positions in the government must be elected by the people
All men have basic human rights given to them by God- allows religious freedom
All men are created equal- everyone was created equal and deserves equal rights no matter their gender or race or how they identify themselves
