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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answer is great wall of china
The U.S. justified its involvement in the Vietnam War by stating that they were fighting against communism. At the time, the Soviet Union was seen as a huge threat and there was a rivalry between the two nations.
Enlightenment is actually one of the factors that the Declaration of Independence was modeled after. The Declaration of Independence is what started the revolution. The Brittians heard of the declaration, and didn't want Americans to be independent on their own land.
concept 1: All people are created equal
concept 2: All people have basic rights that cannot be taken away
concept 3: The government gets its power to make decisions and to protect rights from the people
concept 4: When the government does not protect the rights of the people, the people have the right to change or remove the government
