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How did Adam Smith and other philosophers of industrialization view natural laws?
Wiki User
∙ 8y ago
Adam Smith and other philosophers of industrialization viewed natural laws as the foundation for free trade and economy ("laissez faire economics").
Wiki User
∙ 8y ago
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The development of manufacturing and other industry in a society or country?
industrialization
Which of these countries went through major industriaization first China Germany Brazil or Korea?
Germany, which started major industrialization in the second half of the 19th century. The other countries mentioned only saw major industrialization after WW 2; that is, starting in the second half of the 20th century
How did workers respond to industrialization?
They formed unions and other organizations like the knights of labor for instance to fight for better workplace and higher wages etc.
Is competition good or bad for consumers?
It depends. Two political philosophers, Adam Smith and Karl Marx, had differing opinions on this matter. Adam Smith was the founder of capitalism and believed in what he called "the Invisible Hand". This meant that competition would eventually result in innovation as one group tried to beat the other and would ultimately further society's interests. Karl Marx is the father of communism and believed that competition, and eventually capitalism, would lead to the exploitation of the working class. Not to mention it causes stress and "arms races" where people would be too obsessed with victory or beating the other person at something. Look up the "tragedy of the commons" from economics.
How are capital resources different from other resources of production natural and human resources?
how are capital resources different from the other resources of production natural and human resources
In what ways if any were the colonists' beliefs about rights influenced by the writings of john Locke and other natural rights philosophers?
Get your own We the People answer.
Were greek philosophers forced to kill each other?
No, not philosophers.
What are two trade off's of industrialization?
Two trade-offs of industrialization are increased production and economic growth on one hand, but also negative impacts on the environment and natural resources, as well as potential social inequalities and exploitation of labor on the other hand.
What was mathematical principles of natural philosophers?
Every particle of the universe attracts every other particle with a force varying inversely as the square of the distance between them and directly proportional to the square of their masses.
In addition to mineral resources what other element is important to industrialization?
There are two more mineral resources that other elements to industrialization. The two resources are potassium and zinc.
Difference between sorcerers stone and philosophers stone?
There is not a difference besides the fact that throughout the series they either reference the sorcerers or philosophers stone. The philosophers stone is British and the sorcerers is American. Other than that, there is no difference.
The development of manufacturing and other industry in a society or country?
industrialization
Famous Greek philospher?
Aristotle and Plato are the two most famous Greek philosophers. Other famous Greek philosophers include Parmenides, Diogenes, and Cleanthe.
Why people choose to industrialize?
Industrialization happens due to a country's need to compete with other countries in regards to economy. Industrialization creates jobs, opportunities and helps with trade to other industrial countries.
What factors led the industrialization of other nations after Britain?
The opening of new markets and availability of labor created the demand for inventions that sparked industrialization in Europe.
Name the continent with the least industrialization other than Antarctica?
Africa
How did Africa become involved in foreign trade?
Africa become involved in foreign trade since it had a lot of natural resources that were useful to industrialization. Minerals such as gold, diamond, and other raw materials attracted many traders to the continent.
