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What Are Adam Smith's Four Canons of Taxation? Briefly Describe

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Essay

What are Adam Smith's four canons of taxation? Briefly describe each.


Definitions:

Language Development

The process by which children come to understand and communicate language during early childhood.

Generativity

The concern for establishing and guiding the next generation, often seen as a part of adult development.

Self-Actualization

The execution of reaching one's highest talents and potential, considered as an inherent motivation or need universal in humans.

Worthiness

The quality of deserving attention, respect, or esteem based on perceived merits or virtues.

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