0
What best describes Adam smith ideas about the role of merchants?
Wiki User
∙ 7y ago
Work hard, buy local goods, provide jobs.
Jaquelin Jast
Add your answer:
Earn +20 pts
What describes Adam Smith's idea about the role of merchants?
Work hard, buy local goods, provide jobs.
What best describes Adam smiths ideas economic growth?
Nothing
What are the main ideas Adam smith?
the main ideas of smith was the political economy that an invisible hand guided all what money or business involved
The 1917 Russian Revolution was influenced by the ideas of Adam Smith?
False
What were the basic ideas of Adam smith?
Adam Smith had a lot of basic capitalist ideas, like the invisible hand. He also stated that supply and demand would always fluctuate until they reached an equilibrium.
What best describe Adam Smith's about the role of merchants?
Work hard, buy local goods, provide jobs.
What are the ideas of Adam smith?
Adam Smith believed that entrepenaurs should be allowed to practice business without government interference. (laissez-faire, The Wealth of Nations)
Adam Smith ideas serve as the basis for what type of economic system?
Capitalism
The ideas of Adam smith helped bring about?
less government regulation of business
Which country follows the ideas of Adam smith?
All the developed countries of the world...
What was Adam Smith's ideas serve as the basis for what type of economic system?
adoptedwrong^itscapitalism
How do Adam Smith's ideas fit in with the ideas of other enlightenment thinkers?
Adam Smith was a Scottish moral philosopher and a pioneer of political economy. One of the key figures of the Scottish Enlightenment, Adam Smith is best known for two classic works: The Theory of Moral Sentiments (1759), and An Inquiry into the Nature and Causes of the Wealth of Nations (1776).
