anthonyg57 anthonyg57
  • 14-12-2018
  • History
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what basic principle of mercantilism was disproved by adam smith in his book, the wealth of nations?

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jnabugasha
jnabugasha jnabugasha
  • 14-12-2018
Scottish philosopher who wrote The Wealth of Nations in 1776. Argued that money in and of itself did not constitute wealth wealth but merely its marker. He advocated Laissez-faire economic theory. Adam Smith also said that individuals should freely pursue their own economic interests.
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