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Adam Smith & classical economics

Economics & Finance · Economic history & thought

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About this practice set

Adam Smith & classical economics is a Economics & Finance flashcard set (Economic history & thought) with 5 cards. Type your answer and get instant feedback.

What you will be asked

  • Wrote The Wealth of Nations (1776)
  • The concept of markets guided by self-interest
  • The claim that value comes from labour
  • Specialisation of tasks to raise output
  • A market with minimal government intervention