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Which of the following economic developments would appeal to Robert Owen, but not to Adam Smith? Less government regulation Increase in mass production Nationwide railroad networks Cooperatively-owned cotton mills

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Answer:

Cotton mills.

Step-by-step explanation:

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User RobertoBr
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3 votes

Answer:

Cooperatively-owned cotton mills

Step-by-step explanation:

Adam smith known today as the father of capitalism believe that free market would regulate itself and that if someone was working for his self benefit, this will also benefit society, contrary to what Robert Owen, whose approach towards economics was more socialist, he believed that cooperatives were the key to help society more equal and close the wealth breach between different social classes.

User Bram Janssen
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