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History, Politics & Society

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Judson Marks

Lvl 11
βˆ™ 2021-12-08 20:09:29
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Cards in this guide (8)
Contribution of adam smith to economics

Adam Smith is known as the father of modern free trade. He was a proponent of laissez-faire economic policies and argued against Mercantilism. As an aside, Smith pointed how slavery was a poor economuc investment.

What does Adam Smith use to describe an item sold for exactly the amount of money it cost to produce it

Natural price is the term Adam Smith used to describe an item sold for exactly the amount of money it cost to produce it.

Which of the following best describes a similarity between upper- and lower-class women during the Industrial Revolution

Both groups were treated unfairly and unequally compared with men of their class.

Which development laid the foundation for the rise of the free enterprise system in Europe during the commercial revolution

The rapid growth of consumer markets

Which statementΒ bestΒ describes the relationship between the Industrial Revolution and mass production in Great Britain

Technology developed during the Industrial Revolution allowed for the mass production of goods such as textiles.

Which statement best describes the relationship between the Industrial Revolution and mass production in Great Britain

Technology developed during the Industrial Revolution allowed for the mass production of goods such as textiles" is the best option. The Industrial Revolution changed the course of economic history.

How did Adam Smith believe individuals would help their home countries' economies without regulation

He believed they would prefer domestic industry to foreign industry.

How did Utopian socialists and communist differ in their opinions about the future European societies

Answer this question… Utopian socialists believed that a classless society could be created peacefully, while communists believed that it could only occur through a violent revolution.

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Contribution of adam smith to economics

What does Adam Smith use to describe an item sold for exactly the amount of money it cost to produce it

Which of the following best describes a similarity between upper- and lower-class women during the Industrial Revolution

Which development laid the foundation for the rise of the free enterprise system in Europe during the commercial revolution

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According to Adam smith the market was directed by which of these

Contribution of adam smith to economics

Which of the following best describes a similarity between upper- and lower-class women during the Industrial Revolution

Which development laid the foundation for the rise of the free enterprise system in Europe during the commercial revolution

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What developments led to the creation of new social classes during the Industrial Revolution

What problem did socialist thinkers seek to solve

Why was the british government slow to pass laws addressing the problem of pollution during the early years of the industrial revolution

What actions would be favored by a government that supports a mercantilist economy

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Which was not a part of marx's transition from capitalism to Communism

Who are three people that attempted to establish utopian communities during the 19th century

How did the British perception of children change over the course of the 19th century

What developments led to the creation of new social classes during the Industrial Revolution

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According to economists like Adam Smith who benefits from free trade

What did Thomas Hobbes support

Why were independent universities important to the start of the scientific revolution

How did the philosophies of thomas hobbes and john Locke differ

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