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The author of "The Wealth of Nations" is Adam Smith of England, and the full title is "A Study of the Nature and Causes of the Wealth of Nations".
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The author of The Wealth of Nations was Adam Smith of England.
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Adam Smith in The Wealth of Nations
The theories expounded in are:
1. On labor productivity.
The causes of the increase are also the order in which the products of labour are naturally distributed among the various classes of people;
2. On the nature of assets and their savings and uses, the nature, composition, accumulation and use of capital are mainly studied;
3. On the different development of wealth in different countries;
4. Economics.
System. The Wealth of Nations holds that human nature is self-interested, and the pursuit of personal interests is the only motive force for people to engage in economic activities. At the same time, people are rational, and as economic people with high rationality, people can obtain the greatest personal benefits in their economic activities.
If this kind of economic activity is not intervened, then, guided by the "invisible hand" of state or mechanism, people will not only maximize their personal interests, but also advance the public interest.
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Extraction code: 5auz The Wealth of Nations, whose full name is "A Study of the Nature and Causes of the Wealth of Nations", is an economic work written by the British classical economist Adam Smith for nearly ten years, and was first published in 1776.
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The Theory of the Wealth of Nations (Adam Smith).
Chains and branches are cleared.
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Summary. 4. International**: Smith advocated internationalization, believing that it could promote reciprocal relations and economic growth between countries.
He believed that international ** could improve economic efficiency by allowing countries to focus on producing what they do best, and to meet other needs through exchange. 5. Theory of value: Smith advocated the labor theory of value, that is, the value of an item depends on the amount of labor required to produce it.
He argues that through competition, the market will adjust so that producers receive fair returns, thereby promoting economic growth.
Hello, glad to answer for you. Adam Smith's The Wealth of Nations is a work of economics, and his main ideas include the following:
1. Division of labor: Smith believed that the division of labor was the key to increasing productivity and economic efficiency. By dividing the process into many different steps and allowing each worker to focus on a specific task, a significant increase in productivity can be achieved.
2. Market Economy: Smith advocated a free market economic system, believing that the market can automatically adjust supply and demand and achieve the optimal allocation of resources. He stressed that we should try not to interfere with the disadvantages of the market economy, because the market itself can ensure the rational allocation of resources.
3. Motivation: According to Smith, people's behavior is usually based on the pursuit of personal gain. He believes that this self-interested behavior can drive economic growth and innovation.
4. International**: Smith advocated internationalization, believing that it could promote reciprocal relations and economic growth between countries. He believes that international development can improve economic efficiency by enabling countries to focus on producing what they do best, and exchange them to meet other needs.
5. Theory of value: Smith advocated the labor theory of value, that is, the value of an item depends on the amount of labor required to produce it. He believes that through competition, the market will adjust the wheel, so that producers can get a fair return to hunger, thereby promoting economic growth.
Overall, Smith believed that a liberal market economy could promote economic prosperity and innovation, and that it should be as unintervening as possible in the market and allowing the market itself to allocate its resources rationally.
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The Dutch expansion was mainly based on looting gold, silver and dates, and the rulers of the time believed that wealth was difficult to create and could only be transferred, so they plundered one place and left. Because there were only so many places to plunder globally, Dutch expansion soon hit a bottleneck.
Britain began to expand its colonies after sending it to the Netherlands, because the British rulers were influenced by Adam Smith's "Wealth of Nations" and believed that wealth could be created, that is, the division of labor produced efficiency, and transactions brought value. Therefore, the British colonizers did not just plunder a place, but used land resources and population resources to create value, such as the "Black Triangle" back then. The British also invented the company system, which made the division of labor more detailed and specialized.
It is precisely because of the bold attempts of the British that its economy can grow for a long time, become an empire on which the sun never sets, and modern countries are also participating in the world.
Many modern institutions were invented by the British, so Britain is great.
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The full title of Adam Smith's The Wealth of Nations is ().
a.A Study of the Nature and Future Expectations of National Wealth
b.A Study of the Nature and Future Expectations of State Revenues
c.A Study of the Nature of National Wealth and Its Determinants
d."A Study on the Nature and Determinants of the Income of the Absolute Income of the Destroying Mu Country".
Correct answer: c
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