Adam Smith's Concept of Laissez Faire Alluded to

question 104

Multiple Choice

Adam Smith's concept of laissez faire alluded to

• A)free markets.
• B)regulated economic interchange within and between nations.
• C)government involvement in market functioning.
• D)mercantilism.

Comprehend the development and impact of slave codes in the English colonies.

Analyze the effects of colonial policies and conflicts on the colonists and indigenous peoples.

Examine the economic strategies and policies of European powers in their American colonies.

Identify the sociopolitical and economic factors that shaped the identities and cultures of colonial societies.

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Definitions:

Conservative

Pertains to a political and social philosophy that emphasizes tradition, established institutions, and prefers gradual development to abrupt change.

Reinhold Niebuhr

An American theologian, ethicist, and commentator on politics and public affairs, known for his influence on political thought, particularly regarding American and Christian realist philosophy.

Fordlandia

A failed industrial town and rubber plantation established by Henry Ford in the Brazilian Amazon during the 1920s, intended to secure a rubber supply for Ford Motor Company.

Fundamentalism

Anti-modernist Protestant movement started in the early twentieth century that proclaimed the literal truth of the Bible; the name came from The Fundamentals, published by conservative leaders.