Adam Smith Industrial Revolution

1
Adam Smith Industrial
Revolution
Do you Know?
2
Adam Smith Industrial
Revolution
Do you Know?
1. Idea
3
BACK
1. Capitalism market competition good (lower
prices, more goods)
4
Adam Smith Industrial
Revolution
Do you Know?
1. Idea 2. Smiths book
5
BACK
1. Capitalism market competition good (lower
prices, more goods) 2. Wealth of Nations
6
Adam Smith Industrial
Revolution
Do you Know?
1. Idea 2. Smiths book 3. Government role in
Industry
7
BACK
1. Capitalism--market competition good (lower
prices, more goods) 2. Wealth of Nations 3.
laissez faire--leave business alone!
8
Adam Smith Industrial
Revolution
Do you Know?
1. Idea 2. Smiths book 3. Government role in
Industry 4. Why humans have unequal wealth and
incomes
9
BACK
1. Capitalism market competition good 2. Wealth
of Nations 3. laissez faire--let business
alone! 4. Unequal motivation, talents, and work
ethic