Adam Smith was a man who was very different compared to most others in the industrial revolution, he changed it by inventing the first pancake which actually helped many others because of there starve for food which was the main cause for death during the 1700's.
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Adam Smith published "The Wealth of Nations" in 1776. It described a system that we would think of as "capitalism".
The Industrial Revolution was divided into two distinct parts: the First Industrial Revolution, and the Second Industrial Revolution.
Britain was the first country ever to go through the industrial revolution and after this they were the most powerful country in the world for over 300 years. They ruled a quarter of the glode and ruled the sea's.
It (Industrial Revolution) encouraged imperialism by: It (Industrial Revolution) created a need for raw materials and markets.
Adam Smith was writing about the free market system, not specifically about the industrial revolution although the industrial revolution did take place within a free market system. Adam Smith was writing about how an economic system works, rather than writing about technological change. In any event, there is abundant justification for the industrial revolution. Few people would really want to go back to a medieval lifestyle.
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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.
One could say that Adam Smith was, who in his work Wealth of Nations helped solidify the idea of division of labour and helped pioneer the ideas that would make the industrial revolution so successful.
John Maynard Keynes
Adam Smith published "The Wealth of Nations" in 1776. It described a system that we would think of as "capitalism".
Lilian Adam Smith has written: 'George Adam Smith'
Industrial Revolution
Adam smith...........
The Industrial Revolution was divided into two distinct parts: the First Industrial Revolution, and the Second Industrial Revolution.
Britain was the first country ever to go through the industrial revolution and after this they were the most powerful country in the world for over 300 years. They ruled a quarter of the glode and ruled the sea's.
Adam Smith was born in Kirkcaldy, Scotland.