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Adam Smith Wealth Of Nations Analysis

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“The Wealth of Nations” was published in 1776 during the Industrial Revolution by a political economist named Adam Smith. Smith developed capitalism in this country as he coined the term, “invisible hand” which refers to the benefit and guidance society receives when individuals act in their own self-interest when earning money. Smith argued in his writing that the government should not interfere with business in order to control the economy. Government would essentially play a major role in regulating the economic life of the United States of America. Adam Smith believed that the government should not intervene with the economy by prohibiting trade or regulating how trade should be carried out. Everyone should have the right to buy,

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