1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oxana [17]
3 years ago
15

Are there any reasons why Smith's model of capitalism might not be a successful argument

History
2 answers:
seraphim [82]3 years ago
6 0

Answer:

There are many reasons to criticize Adam Smith’s model of capitalism, first when he defended his ideals the world was a different place, most of the people worked on farms and as craftsmen and practiced the trade. When the industrial revolution came, capitalism changed deeply.

Adam Smith defended the idea of demand and offer, which would create an invisible hand that would balance the market. But the Industrial Revolution came and changed the world deeply, the laissez-faire is not a good policy because it makes room for abuses and makes disparity grow in society. Because of that, the regulation of capitalism by the government is very important so social equality is achieved.

Explanation:

Sorry it's a lot but I hope it kinda helps

atroni [7]3 years ago
5 0

Answer:

smith stated in his theory that the free market economy is governed by "invisible hand", this stands in opposite argument of the free market economy which stated that the free market is governed by supply & demand

You might be interested in
Can a person have two religions?​
Trava [24]

Answer:

No

Explanation:

Because each religion has its own brand of rules, beliefs..

8 0
3 years ago
What was tge religion the Spanish wanted to convert the Native Americans to?
astraxan [27]
Christianity. Christopher Columbus crew but a cross on the native americans land. hope I helped
8 0
3 years ago
Define yellow journalism and explain how it influenced the U.S. public in the lead-up to the Spanish-American War
bearhunter [10]

Answer:

Yellow journalism is what we call today sensation journalism which attemtps to surprise , shock or impress the audience with news stories that are uncommon and are often related to scandal, sex, violence, crimes or the private life of the rich, the powerful or the famous. Its tactics is eye-catching headlines or pitches to increase sales or viewers. The American yellow press run by press barons William Randolph Hearst and Joseph Pulitzer covered the Cuban war of independence , focusing on the abuses and atrocities of Spanish troops against Cuban civilians and the appaling living conditions of the latter, often sent to camps in order to isolate them from the rebels. Those stories moved the American public, created sympathy toward the rebels and influenced the public mood in ways favorable to an American intervention in the Spanish-American War of 1898.

Explanation:

6 0
3 years ago
What is the purpose of having a formal amendment process?
maw [93]
To permanently protect the people of the nation from unreasonable amendment proposals and ratifications
4 0
3 years ago
Those that held anti-slavery and pro-slavery beliefs wanted to increase populations in territories to make them free or slave St
diamong [38]

Answer:

thats not a question

Explanation:

missouri compromise

5 0
2 years ago
Read 2 more answers
Other questions:
  • Dirty, overcrowded housing<br> definition
    12·1 answer
  • The Jewish people settled into a land that they believed they were promised by God that was known as Canaan. What is the name of
    6·1 answer
  • In economics, all of the following are included among the three main uses of money EXCEPT:
    14·1 answer
  • Which English/British policies affected colonial attitudes?
    5·2 answers
  • In order to be President, a person must be _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _, 35 years of age, and 14 years a resident of
    11·1 answer
  • The private papers of what scientist had to be decontaminated for two years in the 1990's before being put on file at the Nation
    6·2 answers
  • Plessy v. Ferguson’s case was decided in ___________________
    12·1 answer
  • write a paragraph about what you believe is the political agenda and goal of the special interests group that released the infor
    14·1 answer
  • 3 union strategies to win the civil war
    13·1 answer
  • Which event in European history most likely caused the change in population see. in the graph?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!