USA HISTORY

THE ROAD TO REVOLUTION 1700 1774

THE AMERICAN ENLIGHTENMENT INTELLECTUAL AND SOCIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was the name of the book written by Adam Smith in 1776 that argued all business activities should take place in a free market?
A
Two Treaties of Government
B
The Wealth of Nations
C
Leviathan
D
Social Spending
Explanation: 

Detailed explanation-1: -He’s known primarily for his groundbreaking 1776 book on economics called An Inquiry into the Nature and Causes of the Wealth of Nations. Smith introduced the concept that free trade would benefit individuals and society as a whole.

Detailed explanation-2: -The Theory of Moral Sentiments of Adam Smith. In 1759 Smith published his first work, The Theory of Moral Sentiments. Didactic, exhortative, and analytic by turns, it lays the psychological foundation on which The Wealth of Nations was later to be built.

Detailed explanation-3: -Annotation: In his Inquiry into the Nature and Causes of the Wealth of Nations, published in 1776, the Scottish economist Adam Smith (1723-1790) argued that the individual pursuit of economic self-interest, unhindered by government interference, would promote economic and social well-being.

Detailed explanation-4: -3 Smith’s most notable contribution to the field of economics was his 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations.

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