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Capitalism
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∙ 15y ago
Adam Smith favored the ideology of classical liberalism, particularly advocating for free markets, limited government intervention, and the idea of self-interest leading to the common good. His book "The Wealth of Nations" is considered a foundational text for the principles of modern capitalism.
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Where was Adam Smith born?
Adam Smith was born in Kirkcaldy, Scotland.
How old was Adam Smith when he died?
Adam Smith died at the age of 67 in 1790.
Which country did Adam Smith live?
Adam Smith lived in Scotland.
Is Adam smith in favor of free trade?
Yes, Adam Smith is known for advocating free trade in his seminal work "The Wealth of Nations." He believed that free trade allows nations to specialize in producing goods and services where they have a comparative advantage, leading to overall economic growth and prosperity.
Where did Adam Smith grow up?
Adam Smith grew up in Kirkcaldy, Scotland.
What was Adam Smith's ideology called?
liberal
Which economic enterprise would Adam Smith most favor?
privately owned factory in France
Who is referred to as the father of economics?
John Maynard Keynes
Which ideology is most in favor of free trade?
Capitalism
9 Which ideology did Karl Marx favor?
Communism
Why might some historians consider Adam Smith one of the most influential people in history?
Adam Smith create the ideology of capitalism, which helped propel the Industrial Revolution, allowing for complete Western superiority in manufacturing. It has also resulted in the creation of trans-national corporations.
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.
How old was Adam Smith when he died?
Adam Smith died at the age of 67 in 1790.
How tall is Adam C Smith?
Adam C Smith is 5' 9".
The free-market system of capitalism was defended in the book The Wealth of Nations by whom?
Adam Smith wrote the book called the wealth of nations
