Social Studies, 31.08.2019 23:10 stipton05

What social dilemma did adam smith address in the wealth of nations?

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"It is an account of economics at the dawn of the Industrial Revolution, as well as a rhetorical piece written for the generally educated individual of the 18th century - advocating a free market economy as more productive and more beneficial to society."

Answer from: leslylinares454

Smith's Inquiry into the Nature and Causes of the Wealth of Nations,

His main claims is to explain that the pursuit of self-interest does achieve social good.

Explanation:

Smith's Inquiry into the Nature and Causes of the Wealth of Nations,

His main claims is to explain that the pursuit of self-interest does achieve social good.

Adam Smith held a chair of moral philosophy, he writes to highlight the good noble side of what today we call the free market, as he is seeing the emergence of capitalist England.

As a contemporary to Malthus, Ricardo, Mill, he is rather a philosopher than an economist, and as such he discusses the way mercantilism will be replaced.

According to his view, The Selfish choices drive individuals towards providing the best products and offering the best even if their interest is selfish.

By this, he uses an image often labeled "The invisible hand", which is an automatic mechanism that works on making selfish choices form the best conditions for economy without the interference of a sovereign or any king.

He develops a historical discussion on the way mercantilism developed and how an emerging economy in England is achieving benefits in contrast to southern European nations .

Answer from: Quest

i believe the answer is: psychological experiment

in this experiment, wilhelm wundt became the first person that implement scientific method in analyzing the pyschological phenomenon.

due to this result, wilhelm wundt also able to make psychology to be acknowledged as a separate scientific field from biology.

Answer from: Quest

This would be a example of a "i want to be single person"

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