History, 27.02.2021 23:20 hawszanderpelv2v
How did Adam Smith revolutionize economics?
He developed the idea of the "invisible hand" of the free market, which continually keeps the economy on course.
He taught that a good or service is worth the value of the labor that went into it, neither more nor less.
He espoused the notion that an economy is successful when it increases the value of the national treasury.
He was the first to believe that the work of free laborers and entrepreneurs was more valuable than a feudal economy
Answers: 3
History, 21.06.2019 21:30
Which of the following statements described the sons of liberty
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History, 22.06.2019 02:40
Washington said that the united states would be "friendly and impartial" in regard to foreign conflict. what was his reason behind this statement? a jefferson and washington had determined the u.s. was too weak to wage war. b the u.s. had a treaty with both england and france, and was thus required to remain neutral. c france asked for the united states to stay out of the war, due to trade relationships. d a special envoy from england asked for strict neutrality on behalf of the united states.
Answers: 1
History, 22.06.2019 06:00
List two reason that james k.polk gives for supporting the annexation of texas
Answers: 3
How did Adam Smith revolutionize economics?
He developed the idea of the "invisible hand" of the fr...
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