History, 27.02.2021 23:20 hawszanderpelv2v
How did Adam Smith revolutionize economics?
He developed the idea of the "invisible hand" of the free market, which continually keeps the economy on course.
He taught that a good or service is worth the value of the labor that went into it, neither more nor less.
He espoused the notion that an economy is successful when it increases the value of the national treasury.
He was the first to believe that the work of free laborers and entrepreneurs was more valuable than a feudal economy
Answers: 3
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Brainliesttt asap!me : ) answer in your own words. what was the relationship between medieval theories about scientific reasoning and the kind of reasoning favored during the scientific revolution?
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Which of the following is true about elizabeth i's reign? she enforced the catholic church as england's official religion. she began a series of holy wars to fight puritans. the church of england was established by law. puritans supported the her commitment to any religion,
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How did Adam Smith revolutionize economics?
He developed the idea of the "invisible hand" of the fr...
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