According to the central thesis of The Wealth of Nations, the key to social welfare lies in economic growth, which is enhanced through the division of labor and free competition. According to this thesis, the division of labor, in turn, deepens as the extension of the markets and therefore specialization expand. For his part, Adam Smith considers free competition as the most ideal means of economics, stating that the contradictions engendered by the laws of the market would be corrected by what he called the "invisible hand" of the system.
A particularity of the work is the approach that, the self-interest of each individual leads to general welfare, which is known as the mechanism of the "invisible hand" or doctrine of the invisible hand of Adam Smith. In this regard, Adam Smith said that "man almost constantly needs the help of their peers, and it is useless to think that they would only serve him out of benevolence (...) It is not the benevolence of the butcher or the baker that leads us to procure our food, but the care they give to their interests ".
I find myself in agreement with the theory, since the activities that the man does always do it to obtain a benefit and the same one repercute in the complete society, the man is not an island, acts in agreement with the society.
<span>promoting human rights is less important to American foreign policy than security concerns and economic interests.</span>
Answer:
The European colonization of America began with the Vikings, who, as the first known Europeans, came into contact with America and established several colonies.
In 1492, Christopher Columbus reached America, after which European exploration and colonization gained momentum. The first conquests were made by Spain, which quickly conquered most of South and Central America and much of North America. Portugal took Brazil. Britain, France and the Netherlands conquered islands in the Caribbean, many of which had already been conquered by Spain or had been affected by disease. Early European colonies in North America included Spanish Florida, the British settlements in Virginia and New England, French settlements in Quebec and Louisiana, and Dutch settlements in New Netherlands.
They faced bad military support, leadership and <span>fought with the wrong strategies.</span>
