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☆☆☆☆☆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.
Natural price is the term Adam Smith used to describe an item sold for exactly the amount of money it cost to produce it.
Both groups were treated unfairly and unequally compared with men of their class.
The rapid growth of consumer markets
Technology developed during the Industrial Revolution allowed for the mass production of goods such as textiles.
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.
He believed they would prefer domestic industry to foreign industry.
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.
