All the developed countries of the world...
Scotland
Adam Smith wrote The Wealth of Nations.
adoptedwrong^itscapitalism
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).
all of Smith's ideas contributed in the American economy which lead to the increase of the productivity and output, it also increased the competitions in the market.
what is the country of origin of Adam Smith??? Is he a jew???
the main ideas of smith was the political economy that an invisible hand guided all what money or business involved
False
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.
Scotland
Adam Smith lived in Scotland.
Adam Smith believed that entrepenaurs should be allowed to practice business without government interference. (laissez-faire, The Wealth of Nations)
Adam Smith wrote The Wealth of Nations.
Capitalism
less government regulation of business
adoptedwrong^itscapitalism
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).