3 years ago

Give me a summary of Adam Smith's philosophy and beliefs.

1 answer:

5 0

Answer:

Adam Smith was among the first philosophers to declare that wealth is created through productive labor, and that self-interest motivates people to put their resources to the best use. He argued that profits flowed from capital investments, and that capital gets directed to where the most profit can be made. Smith argued against mercantilism and was a major proponent of laissez-faire economic policies.

Explanation:

You might be interested in

How did the first President Bush handle US-China foreign policy following the Tiananmen Square incident in Beijing? Bush took a

navik [9.2K]

Answer: <u><em>Bush tried to play down the incident with Congress and the public in order to maintain an alliance with China on foreign trade and investment.</em></u>

Explanation: I just took the test and this is the correct answer...

3 0

3 years ago

The gettysburg address was only 2mins long; why is it considered one of the most important speeches in us history?

Nezavi [6.7K]

It helped bring the South back.
It ended the war.
IT FREED THE SLAVES

3 0

3 years ago

Can some one help me with this

Ket [755]

4- they feared attacks. from Japan and Korea.
5-the cost of maintain overseas
6-the french colonist did not try to convert

8 0