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Who was the main proponent of laissez-faire economics during the Enlightenment period?
Wiki User
∙ 12y ago
Adam Smith
Wiki User
∙ 12y ago
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Laissezfaire policy during the Gilded Age in which government let businesses function without regulation reflected the Constitutional principle of?
limited government.
Keynesian economics failed to deal successfully with _____.?
high inflation during the 1970s
Who is the father of micro economics?
Adam Smith.. Since during his time Economics be almost wholly concerned with Microeconomics, he is, therefore, more precisely the father of Microeconomics.
What is total product in economics?
Total product in economics is all the goods and services produced by a business during a given period of time with a given amount of input.
The theory that government spending should increase during business slumps and curbed during booms is referred to as?
Keynesian Economics
Laissezfaire policy during the Gilded Age in which government let businesses function without regulation reflected the Constitutional principle of?
limited government.
Who were the philosophes and what did the advocate?
The philosophes were intellectuals during the Enlightenment of the 18th century. They were people who studied learning, history, politics, science, social issues, and economics. They were advocates for tolerance and progress.
What did the governments and churches do during the enlightenment?
During the enlightenment governments and churches tried to stop spread enlightenment ideas
What philosophy influenced Japanese thinking during the Meiji Restoration?
The Enlightenment influenced Japanese thinking during the Meiji Restoration.
During gold rush days who became a strong proponent?
it was all of thwere menus helpers
When did the enlightenment beginning?
the Enlightenment began during the mid-1600s, close to the year 1650
What old notions did scholars during the enlightenment want to rethink?
The scholars during the enlightenment wanted to rethink the idea of christian Europe.
What is the The Age of Enlightenment?
Enlightenment means "to shine a light on." During the Enlightenment, the scientific method was applied to theology, history, morality, and politics. The Enlightenment was a time when people were optimistic about their ability to improve their lives. The Enlightenment spread from England to France, then throughout Europe and then to the Americas. Many ideas came to be in the Age of Enlightenment, which lasted in the 18th century. Many people started to look at science, philosophy, Economics, etc. In this period the discovery of gravity was described by Sir Isaac newton. Also the discovery that the Earth moves around the Sun was found, which went against the Church. Many other discoveries were made in The Age of Enlightenment.
Was the light bulb invented during the enlightenment?
The light bulb was not invented by Thomas Edison during the Age Of Enlightenment. The Age of Enlightenment was a cultural period during the 17th and 18th centuries; the incandescent light bulb was not invented until 1879.
What is the Age of Enlightenment?
The Age of Enlightenment was a cultural and intellectual movement that emerged in Europe during the late 17th and 18th centuries. It emphasized reason, science, individualism, and skepticism of traditional authority. Key figures of this period include Voltaire, Rousseau, and Locke.
How di thinking change during the historical period know as the Enlightenment?
During the Enlightenment, there was a shift towards valuing reason, science, and individualism over traditional authority and superstition. There was an emphasis on the power of human reason to understand and improve the world. This led to advances in fields like philosophy, science, politics, and economics.
During the 18th century the ideas of the Enlightenment caused .?
During the 18th century the ideas of the enlightenment caused some monarchs to introduce reforms within their nations.
