Adam Smith's Wealth of Nations and Academic Career
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Questions and Answers

Adam Smith focused on moral ______

philosophy

Wealth according to Physiocracy School of Economics is the development of ______

land

According to Adam Smith, minimal ______ is best

government

Adam Smith's book, An Inquiry into the Nature and Causes of the Wealth of ______

<p>Nations</p> Signup and view all the answers

Free competition makes production and exchange most advantageous for ______

<p>everyone</p> Signup and view all the answers

According to Adam Smith, each person moves based on their own selfish ______

<p>interest</p> Signup and view all the answers

Adam Smith believed in the concept of the invisible ______

<p>hand</p> Signup and view all the answers

Division of Labor increases efficiency of ______

<p>labor</p> Signup and view all the answers

Adam Smith's focus was on free trade and market ______

<p>competition</p> Signup and view all the answers

David Ricardo worked for the stock exchange as a ______

<p>stockbroker</p> Signup and view all the answers

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