Question

1. True or false and WHY? Adam Smith, between the 1759 publication of The Theory of...

1. True or false and WHY? Adam Smith, between the 1759 publication of The Theory of Moral Sentiments and the 1776 publication of An Inquiry Into the Nature and Causes of the Wealth of Nations, changed his mind about how the commercial world works.

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The Answer is True. Now the question is why.

The book 'Theory of Moral Sentiments" depicted the capitalist mindset of smith and he also came to be known as "Father of capitalism". But his works were mainly influenced by returns/ profits and Self Interest. Whereas, The Wealth of Nations is a treatise on the Industrial developments in Europe and that led the foundation of the classical economics in Europe and all this changed his mind about the commercial world.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
True or false and WHY? What Adam Smith detested about mercantilism was its focus on the...
True or false and WHY? What Adam Smith detested about mercantilism was its focus on the founding and defense of the nation state. True or false and WHY? Adam Smith, between the 1759 publication of The Theory of Moral Sentiments and the 1776 publication of An Inquiry Into the Nature and Causes of the Wealth of Nations, changed his mind about how the commercial world works. The following statement by the chairman of General Motors:   “What’s good for GM is...
True or false and WHY? The theory economic development/wealth of the Mercantilists is superior to that...
True or false and WHY? The theory economic development/wealth of the Mercantilists is superior to that of Cantillon or Smith. 2) True or false and WHY? Adam Smith's value theory is useful in resolving the paradox of value.
True or false and WHY? Adam Smith's value theory is useful in resolving the paradox of...
True or false and WHY? Adam Smith's value theory is useful in resolving the paradox of value.
Please Use your keyboard (Don't use handwriting) Thank you.. I need new and unique answers, please....
Please Use your keyboard (Don't use handwriting) Thank you.. I need new and unique answers, please. (Use your own words, don't copy and paste) ***************please i need a good and perfect answer ****************** Critical Thinking 1: The diamond-water paradox In “An Inquiry into the Nature and Causes of the Wealth of Nations” published in 1776, Adam Smith wrote: “Nothing is more useful than water: but it will purchase scarcely anything… A diamond, on the contrary, has scarcely any use-value; but...
True or False 1.         According to Heckscher-Ohlin theory, comparative advantage depends on relative differences in...
True or False 1.         According to Heckscher-Ohlin theory, comparative advantage depends on relative differences in labour productivity. 2.         According to the factor-endowment theory, a country will import that good which intensively uses the country’s relatively abundant resource. 3.         According to the factor-price equalization theory, international trade encourages the elimination of relative resource prices between nations. 4.         According to Staffan Linder, the factor-endowment theory is useful in explaining trade patterns in manufactured goods, but not primary products....
1) Three parts A) True or false. Briefly explain why. Given the statement: 1 mole of...
1) Three parts A) True or false. Briefly explain why. Given the statement: 1 mole of vapor mixture consisting of A and B is enclosed in a thermally conductive cylinder by a frictionless piston. The mixture is ignited to start a chemical reaction between A and B. This causes the piston to move up and down violently. After the gas returns to its initial pressure P₀ and temperature T₀: i) TRUE OR FALSE: The heat gas releases to the environment...
QUESTION 1 A contract induced by improper threats or undue influence is void. True False 1...
QUESTION 1 A contract induced by improper threats or undue influence is void. True False 1 points    QUESTION 2 A contract made by a person under guardianship is voidable. True False 1 points    QUESTION 3 A contract with a minor remains in force unless the minor decides that he or she does not wish to be bound by it. True False 1 points    QUESTION 4 A person who was intoxicated at the time he made a contract...
1. Chapter 12 Question 1 - True/False Part A Intermolecular forces are the attractive forces between...
1. Chapter 12 Question 1 - True/False Part A Intermolecular forces are the attractive forces between atoms within a compound. Intermolecular forces are the attractive forces between atoms within a compound. True False 2. Chapter 12 Question 3 - Multiple Choice Part A Which state of matter has a high density and a definite volume? Which state of matter has a high density and a definite volume? a. solids b. gases c. liquids d. both solids and liquids e. none...
A.1 TRUE OR FALSE QUESTIONS It is a myth that contracts of employment need to be...
A.1 TRUE OR FALSE QUESTIONS It is a myth that contracts of employment need to be written. TRUE                                                             b. FALSE Absenteeism is a major social problem with cost for the individual worker alone. a. TRUE                                                             b. FALSE The purpose of job posting is to inform employees about job vacancies a. TRUE                                                             b. FALSE In selection process validity refers to the extent to which a predictor correlates with criteria identified as measuring job performance. . a. TRUE                                                             b. FALSE A structured...
Background: Darwinism Today the theory of evolution is a well-supported, unifying principle in biology, which explains...
Background: Darwinism Today the theory of evolution is a well-supported, unifying principle in biology, which explains how life on earth began and developed. The scientific evidence overwhelmingly supports the idea that all living things share a common ancestry. Charles Darwin, a British naturalist, is the person most remembered for his contribution to how the process of evolution works. He wrote a book, published over 150 years ago, called On the Origin of Species, which was very controversial at the time....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT