Question

HOW did the ideas of the Enlightenment help to create the modern world economic systems?

Answer 1

Answer:

Regarding economics, Enlightenment thinkers believed that although commerce often promoted self-interest and sometimes greed, it also helped to mitigate other negative aspects of society, particularly concerning governments, thereby ultimately promoting social harmony.

Explanation:

Answer 2

Answer:

government-subsidized monopolies and imperialism

Explanation:

There is little doubt that Enlightenment philosophers David Hume and Adam Smith indelibly influenced the modern economic world. Their critique of the mercantile economic system, particularly the idea of government-subsidized monopolies and imperialism, influenced political and economic leaders in the late eighteenth and early nineteenth centuries.