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15 December, 03:08

What impact did Adam Smith have on the u. s free enterprise system

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  1. 15 December, 06:39
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    Adam Smith is generally regarded as the founder of modern economics. Adam Smith advocated the capitalist free enterprise system, based on the belief that men are motivated by rational self-interest. His book "Wealth of Nations" became a standard text book for economists throughout the Western world
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