subject
History, 07.08.2021 02:40 weeblordd

In the following statement, Adam Smith comments on the individual who uses domestic industry and labor. Use Smith's statement to answer the question below: "...he intends only his own security... he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention... By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it."

Source: An Inquiry into the Nature and Causes of the Wealth of Nations

How does Smith's view of the economy expressed in this excerpt compare to Owen's?

ansver
Answers: 2

Other questions on the subject: History

image
History, 21.06.2019 17:30, jamarstand
The segments shown below could form a triangle.
Answers: 1
image
History, 22.06.2019 10:00, djfluffyman999
I’m learning abt the manifest destiny and i don’t know who the people are in the picture can someone tell me who is on the left hand side, right hand side, the women in the center? ?
Answers: 2
image
History, 22.06.2019 11:00, gervenonbrain
Based on this poster, what conclusion can be made about the u. s. government during world war i? it wanted to boycott trade with enemy nations. it wanted to provide low-cost loans to its allies. it was not able to fully finance the war effort through taxes. it believed the majority of its citizens did not support the war.
Answers: 1
image
History, 22.06.2019 11:00, youngaidan21
What is the matter with minds of society these days ?
Answers: 2
You know the right answer?
In the following statement, Adam Smith comments on the individual who uses domestic industry and lab...

Questions in other subjects: