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Alenkinab [10]
3 years ago
6

When did benjamin franklin become president

History
1 answer:
enyata [817]3 years ago
8 0
Benjamin Franklin became president in 1769
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during the 20th century, the general trend in the united states is to move closer to the ideas of adam smith about the role of g
Fed [463]

Indeed, during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the role of government.

<h3>What were the ideas of Adam Smith about the government's role?</h3>

Adam Smith, who emphasized the importance of productive labor, self-interest, capital investments, and profits, believed that the limited and well-defined role of government in capitalism should concentrate on:

  • Enforcing contracts
  • Administration of justice
  • Provision of public goods
  • Provision of national defense
  • Granting of patents and copyrights
  • Encouraging inventions and new ideas.

Adam Smith declared that the invisible hand or self-interest should guide economic productivity because capital investments always aim toward profitability.

He firmly believed that the market forces of supply and demand, division of labor, and pursuit of self-interest, with little government intervention, should form the bedrock of capitalism.

Thus, it is true that during the 20th Century, the general trend in the United States was to move closer to the ideas of Adam Smith about the limited role of government.

Learn more about Adam Smith's ideas on capitalism at brainly.com/question/15619229

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3 0
2 years ago
Why did people choose to settle the plymouth colony?
Maslowich
Because of religious purposes 
6 0
3 years ago
Muslim traders in western Africa never saw the people with whom they traded with.
Maksim231197 [3]
The answer is false. have a good day!
5 0
3 years ago
Why did Aśoka use edicts carved in pillars and rocks?
STatiana [176]

The answer is A.........

6 0
3 years ago
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Please select the word from the list that best fits the definition Capital of inland empire whose name means ""great stone build
miss Akunina [59]

Answer: Great Zimbabwe

Explanation:

Great Zimbabwe was the capital of an ancient empire in modern day Zimbabwe. There is a lot that is unknown about the empire that this city was the capital of but the city itself is a testament to the architectural prowess of its people and at its height, the city is said to have housed 18,000 people.

The name Zimbabwe is derived from the local Shona language and it means "stone buildings". The "Great" is added to signify that this city is the largest of the various other stone buildings that have been discovered.

8 0
3 years ago
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