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What did Adam smith believe?
Adam Smith believed in Division of Labor, he was Communistic as well.
Who believe that the government should stay out of the countries economy?
Adam Smith
Who is referred to as the father of economics?
John Maynard Keynes
Who wrote to let people do what they want?
Adam Smith
What is Adam smith's theory on economics?
Adam Smith believed that all people in the economy are guided by the "invisible hand", which means that people act mainly out of self interest.
Where is home to Robert Burns James Watt and Adam Smith?
Robert Burns, James Watt, and Adam Smith are all associated with Scotland. Robert Burns was a famous poet, James Watt was a prominent engineer, and Adam Smith was a renowned economist, all of whom lived and worked in Scotland during their lifetimes.
What subject did Adam smith believe was the best during the elightenment?
who said that without laws there can be no freedom
What was the cause of death of Adam smith father of economics?
Adam Smith died on 17 July 1790 (aged 67) from a long and painful illness.In the winter of 1786-7 he had an attack which caused serious alarm. In the spring of 1790 Smith was plainly failing. His last statements to his friends were ""I love your company, gentlemen, but I believe I must leave you to go to another world.I believe we must adjourn this meeting to some other place." Sources : [1] http://www.historyhome.co.uk/people/smith.htm [2] Life of Adam Amith - John Ray.(official Biography of Adam smith)
According to Adam Smith what directs the choices business people make about how to use their resources?
According to Adam Smith what directs the choices business people make about how to use their resources by profit.
What has the author Lilian Adam Smith written?
Lilian Adam Smith has written: 'George Adam Smith'
Adam Smith what is he most known for?
Adam smith...........
Where was Adam Smith born?
Adam Smith was born in Kirkcaldy, Scotland.
