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uysha [10]
3 years ago
7

What was the main message of The Wealth of Nations by Adam Smith?

History
1 answer:
rosijanka [135]3 years ago
7 0

Answer:

The economy runs better without governmental involvement.

Explanation:

In the Wealth of Nations, Adam Smith lays out a very robust theory about how the economy works, this is why many economists consider him to be the Father of the economic science.

Adam Smith's main thesis was that people, acting own their own interest, were guided by the invisible hand, leading to positive results that benefited the whole of society, even if that was not the main goal of economic actors in first place (their main goal being furthering their own interests).

For this reason, Smith thought that most government intervention was unecessary, since according to him, economic actors tended to self regulate in the market, and to produce an optimal result for society. He did justify some government intervention though: in the military, in the judicial system, and in some basic social services in order to care for the poor, the elderly, and the sick.

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Why did parliament choose to setup Republic after they got rid of the monarchy
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Answer:

A.

Explanation:

Men who start to get freedom to vote (later on Women would be allowed) They where tired of king george so they would not want a king or queen they want multiple people to run it making checks and balances, people would still be poor which president would use for people vote them.

Hope this helped

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3 years ago
Explain decolonization in the context of the Cold War.
ladessa [460]

Answer:

For the communist powers, the end of colonialism was an effective strategy for undermining the Western alliance and its historic control over the international political economy. Decolonization was integral to the cold war confrontation and the struggle for ideological supremacy in the wider world.

Explanation:

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2 years ago
what were some major ideas and events (i.e., Enlightenment philosophies, colonial conflicts, imperial regulations, acts of rebel
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The following is a list of causes of the American Revolution
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3 years ago
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