1 / 4

Adam Smith - economist/writer

Adam Smith - economist/writer. What is “Real” wealth?. “The wealth of a nation consists, not only in its gold and silver, but in its lands, houses, and consumable goods of all different kinds.” - Adam Smith. The Wealth of Nations.

myrrh
Download Presentation

Adam Smith - economist/writer

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Adam Smith - economist/writer

  2. What is “Real” wealth? “The wealth of a nation consists, not only in its gold and silver, but in its lands, houses, and consumable goods of all different kinds.” - Adam Smith

  3. The Wealth of Nations “Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man.”

  4. The Influence of Adam Smith - Smith set the basic principles of capitalism. - People are free to buy, sell, and produce what they want with little or no government restriction. - these ideas influenced the founders of the United States.

More Related