How was Adam Smith integral to the development of economics during the Industrial Revolution?

A) He was a strong proponent of mercantilism and found a way to adjust the concept of mercantilism to a new technological market.
B) He supported a nationalist economic policy that would build economies internally and nationally.
C) In his critique of mercantilism, he found a new theory of economics that better suited industrialized economies. Laissez-faire economic policy set the stage for the future of economics.
D) In his Wealth of Nations, he outlines a plan for economic advancement based upon exclusionary tariffs.
E) None of these


C

History

You might also like to view...

Benjamin Franklin gained support from __________ for the colonies' rebellion against Britain.

A. Germany B. Holland C. Spain D. France

History

How did Augustus Caesar demonstrate his commitment to Roman tradition?

a. He passed legislation against sexual immorality b. He sponsored the Golden Age of Latin Literature c. He built and revitalized the city of Rome d. He provided entertainment to the Roman people. e. All of these.

History

The Panic of 1873 was the worst the country had faced to that point in its history.

Answer the following statement true (T) or false (F)

History

The following outline applies to the following questions.As you listened to a speech, you noted these points:I.You should watch ER.II.Episodes portray the leading characters with great sensitivity.III.Whether the medical staff portrayed are "good" or "bad," we come to know them as persons; we see all facets of them.IV.The stories often have a great deal of emotional impact.V.You find yourself

really caring about what happens to the people involved in various incidents in the show.Statement V is _______. A) a specific goal statement B) evidence or support for a reason C) a reason D) irrelevant to the development E) a good introductory statement

History