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What man provided a philosophy for capitalism?
ADAM Smith, a scottish philosopher and economist. He provided the philosophy for capitalism in his book The Wealth of Nations.Answer on page 27 in United States Government: democracy in action textbook
What did capitalism come from?
Capitalism emerged from feudalism and the trans-Atlantic slave trade. Capitalism fully developed in its modern form in the industrial revolution.
Is Karl Marx bad in the history?
no! because he developed the idea of capitalism and lightened the mind of all the people about the capitalism
In 1776 Adam Smith developed which theory?
Adam Smith developed the theory of classical capitalism.
In 1776 Adam smith developed what theories?
Classical Capitalism
Athenians developed the first form of democracy called?
Direct Democracy
How did Lenin and Hobson explain the cause of imperalism?
The cause of imperialism, according to Lenin and Hobson is capitalism. Hobson stated that finance could manipulate events in order to gain a profit, that may or may not benefit the nation. The need for imperialism grew as these capitalists needed to defend the investments in other countries, specifically the scramble for Africa. Lenin developed Hobson's ideas into what is called socialism stating that the dividing up of the resources to monopolies from other countries would lead to war as well as an end to capitalism.
Did capitalism develop from communism?
No. The opposite happened. Karl Marx's critique of capitalism was what started communism.
What ancient Athenians developed the first form of democracy called?
direct democracy
What are environmental threat for developed countries?
capitalism as capitalists want profit with considering the consequences. capitalism creates a culture of overproducing and over consuming
Was Karl Marx in favor of capitalism?
capitalism would lead first to socialism then to communism
What is the relationship between protestantism and capitalism?
There is a famous book by Max Weber called The Protestant Ethic and the Spirit of Capitalism. His thesis is that Protestantism created the values that developed capitalism.
