vice president andrew johnson
You didn't list options, but essentially Adam Smith called the discovery of America one of the most important events in history because it led to increased trade and interchange between nations and continents, which brought about economic benefit for those involved.
In his famous book, <em>The Wealth of Nations, </em>Adam Smith said that "The discovery of America, and that of the passage to the East Indies by the Cape of Good Hope, are the two greatest events recorded in the history of mankind." Both of these events facilitated and encouraged an increase of trade, which led to increased wealth and prosperity.
Historical context:
The basic principles of capitalism were laid out by Scottish philosopher Adam Smith in his influential book published in 1776: <em>An Inquiry into the Nature and Causes of the Wealth of Nations.</em> The Nobel-prize winning 20th century economist Milton Friedman said of Adam Smith, "“The key insight of Adam Smith's Wealth of Nations is misleadingly simple: If an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it." Smith argued for such voluntary exchanges within a free market system. He labeled the government-manipulated economic system that was prevailing in his day as "mercantilism," a system in which governments specifically authorized some merchants as the official agents of commerce (rather than endorsing free enterprise). The mercantilist system also viewed wealth as though there were a fixed amount of it available in the world, represented by precious metals such as gold and silver, and that nations were in competition over who got more of that fixed amount of world wealth. Smith saw that wealth was something that could be created and increased through voluntary exchange and free trade. Smith's ideas formed the basis for what we have come to know as capitalism. For Smith, the expansion of trade that occurred because of the discovery of the Americas and the discovery of sea routes to Asia were ways that wealth could be exchanged and increased more readily.
Solomon turned away from true worship. God then foretold, that most of his kingdom would be given to someone other than his son but not entirely because of his promise to Solomon's father. The 10 tribe kingdom had nothing but bad kings but the 2 tribe Israel to the south had some good ones before being destroyed by the Babylonians in 607 B.C.E <span />
The <u><em>second explanation is better</em></u>, because the problems generated by the bureaucratization of the Soviet government were worsening the social, political and economic situation of the country. The closure of the country to non-socialist nations forced the Soviet Union to undergo a process of economic backwardness that left Soviet industry behind. Moreover, the expenses generated by the Cold War arms race prevented the Soviet Union from being able to stand up to the capitalist powers.
The population that had access to higher education eventually realized that the socialist project was beginning to crumble. The promises of prosperity and equality, propagated by state media, contrasted with the privileges of a class that lived at the expense of government-controlled wealth. This privileged group, called the nomenklatura, advocated the maintenance of the one-party system and the centralization of political powers.
The Supremacy Clause of the United States Constitution establishes that the Constitution, federal laws made pursuant to it, and treaties made under its authority, constitute the supreme law of the land.
