Answer:
...“The father of modern economics supported a limited role for government. Mark Skousen writes in "The Making of Modern Economics", Adam Smith believed that, "Government should limit its activities to administer justice, enforcing private property rights, and defending the nation against aggression." The point is that the farther a government gets away from this limited role, the more that government strays from the ideal path... How this issue is handled will decide whether the country can more closely follow Adam Smith's prescription for growth and wealth creation or move farther away from it.”
Jacob Viner addressed the laissez-faire attribution to Adam Smith in 1928...
Here is a list of appropriate activities for government, which goes way, way beyond Mark Skousen’s extremely limited – and vague – 'ideal' government. That ... he goes on to attribute his ‘ideal’ list to Adam Smith ... is not alright.In fact, its downright deceitful, for which there is no excuse of ignorance (before attributing the limited ideal to Adam Smith we assume, as scholars must, that Skousen read Wealth Of Nations and noted what Smith actually identified as the appropriate roles of government in the mid-18th century).
The gravity of Jupiter helps the comets from hitting the earth
The immigrants who came to the United States of America between the years 1820 and 1860 changed the character of the country because they brought with them their own culture and values. This started mixing with the already present culture and values and gave birth to a new character to the country. Among the immigrants were several Irish and German people.
Since capitalism is based around the production and trade, consumerism as a movement that promoted consumtion logically increased the demand and the production. The more people consumed, the more profit did the companies have. By definition, consumerism promotes over consumtion of goods and services that are not neccessary or needed. Using the means of marketing and promotion, companies affect people's behavior by increasing the demand for certain products and therefore creating trends. In consumerism, products lose their value and are easily replacable. Also the appetite for variety of different products is increased.
