Author Question: What did Adam Smith argue in The Wealth of Nations? A) Self-interest acted as an invisible hand ... (Read 104 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
What did Adam Smith argue in The Wealth of Nations?
 
  A) Self-interest acted as an invisible hand in the marketplace, automatically regulating the supply of and demand for services.
  B) Mechanization would become the invisible hand and automation would eliminate human labor.
  C) Wealth should be distributed evenly throughout society.
  D) Inexorable natural laws controlled the social order.
  E) A single tax would solve the nation's uneven distribution of wealth.

Question 2

What did Karl Marx argue?
 
  A) that a classless society would emerge when capitalism triumphed around the world.
  B) that individual economic theories were only as effective as those who practiced them.
  C) that workers who knew they would be given a competitive wage would be the most loyal to a company.
  D) that capitalists would eventually bring about their own destruction by driving impoverished workers to revolt.
  E) that only by introducing Biblical principles into the workplace could there be harmony between business owners and their workers.



chem1s3

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library