In a capitalist economy, greater competition directly benefits
Wealth brings with it its own checks and balances. The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. . . . make equal laws: secure life and property, and you need not give charity. Open the doors of opportunity to talent and virtue, and they will do themselves justice, and property will not be in bad hands. In a free and just commonwealth, property rushes from the idle [lazy] and brainless, to the industrious, brave, and persevering.
What was one advantage of the division of labor during the growth of industry?
According to Adam Smith, the government should be responsible for
At the dawn of industrialization, why were entrepreneurs important to changing economies in Europe? Check all that apply.
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