History, asked by summertodd09, 8 months ago

One argument made by Adam Smith is that capitalism

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Answered by akashp20064
6

Answer:

Adam Smith is considered the first theorist of what we commonly refer to as capitalism. ... Smith asserts that when individuals make a trade they value what they are purchasing more than they value what they are giving in exchange for a commodity.

Answered by Anonymous
0

Answer:

Adam Smith is considered the first theorist of what we commonly refer to as capitalism. ... Smith asserts that when individuals make a trade they value what they are purchasing more than they value what they are giving in exchange for a commodity.

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