Generally speaking, a standing army in the view of economist Adam Smith was an economic drain on Great Britain. He also said that in order to protect British society from invasion, the upkeep of a strong army and navy was required.
In 1776, Adam Smith published his work: An Inquiry into the Nature and Causes of the Wealth of Nations. His Theory of Moral Sentiments was published in 1759.
Adam Smith developed the theory of classical capitalism.
Classical Capitalism
1776
Adam Smith A+ Answered By Pimp Daddy SBON
King George III was the king of Great Britain in 1776.
monarchy
Great Britain on the 4th of July 1776.
King George III.
The 13 colonies were founded and controlled by Great Britain until 1776.
On the fourth of July, 1776.
America declared independence from Great Britain
The King Of England (by then the King Of Great Britain) was George III.
The United States of America
King George the III.
Great Britain.
Great Britain.