76.0k views
3 votes
What did Adam smith as the problems of mercantilism ? How were his view different

User Jbabey
by
8.0k points

1 Answer

7 votes

Step-by-step explanation:

In summary, Adam Smith's views differed from mercantilism in that he advocated for a free market system based on the principles of supply and demand, and believed that a nation's wealth should be measured by the overall well-being of its citizens, rather than by the accumulation of precious metals.

User Akshay Phulare
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.