sadie2805 sadie2805
  • 24-03-2020
  • History
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According to Adam Smith what makes a nation wealthy?

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jmsanders214
jmsanders214 jmsanders214
  • 30-03-2020

Answer:

Explanation: The mercantilist nations believed that the more gold and silver they acquired, the more wealth they possessed. Smith believed that this economic policy was foolish and actually limited the potential for "real wealth," which he defined as "the annual produce of the land and labor of the society."

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