In 1776, an economics book titled was published to promote the concept of free enterprise.

a.) the wealth of nations
b.) the world economy
c.) the success of nations
d.) the economic system

In 1776, an economics book titled ( A ) "The Wealth of the Nations" was published to promote free enterprise. The author of this famous work, considered the foundation of modern economic science, was Adam Smith. In the book he stresses the point of free market.

In 1776, an economics book titled “The Wealth of Nations” was published to promote the concept of free enterprise.

Further Explanations:

Adam Smith a Scottish philosopher was the author of the book “The Wealth of Nation” explaining the Mercantilism system of that era. Being a philosopher by trade he clearly explained that the system of wealth was fixed and finite and was in the hoard of gathering tariff products and gold from overseas. As per the theory, it was explained that for a stable economy the nation should sell goods overseas without import.  

The core of the Smith Thesis was that every human has a natural tendency for its self-interest that results in the opulence. A human promotes public attentiveness through their routine economic choices. So, stated that granting everyone liberty to produce goods and exchange goods as per the market would promote greater prosperity with stringent governmental regulations.

Learn More

1. In 1972 the wrath of hurricane Agnes resulted in the evacuation of a Pennsylvania town due to the rising water of what river?

2. From which country did the united states need to buy rights before building a canal across Central America?

3. James McCulloch most likely supported the idea that Congress could create banks because he knew that Maryland law did not allow for state-run banks. He believed the court should follow the implied powers of the constitution. He supported the idea of federal supremacy. he didn’t want to pay state taxes on his bank?

Answer Details

Grade: High School

Subject: History

Chapter: Economy

Keywords: Adam Smith, Scottish philosopher, The Wealth of Nation, Mercantilism system, tariff products, overseas, opulence, stringent governmental regulations, philosopher, stable economy,Smith Thesis

what do you mean

the correct statement is letter a.   according to the mandate of heaven, kings were considered godlike beings, so they could do as they .

the mandate of heaven is a chinese political and religious ideology used since ancient times to justify the rule of the king or emperor of china, that has been in place since the zhou until the dynasty system ended. it has been created to justify the zhou as the main power of the region. in order to keep harmony, the ruler has to make what he wants and what people want. he had to make good choices to satisfy the people and then they will be happy and keep you in power.