He was referring to the signing of the Declaration of Independence in 1776
Depends on what kind of producer you’re referring too. A music producer helps get music out there. A produce producer would put out food. Ect.
It can honestly be any disaster because, for example a fire. everything will burn down due to the heat ''melting' most of your thing. a flood will make your house flood making everything wet. etc.
Because Adam Smith and other classical economists take into account our natural predisposition for behavior and the way we also actually behave. While command economies are often handled on a much more theoretical level.
Thomas Edison invented the electric light bulb in 1879.