Adam Smith’s Role in Ending the Mercantilist Economy (934 words, 2 pages)
Adam Smith's Role in Ending the Mercantilist EconomyThe mercantilist theory of economics existed in Britain since the 16th century when European states started regulating the manufacturing industry, including the conditions of the market and prices. During the time of mercantilism, the economic policy of the leaders sought to encourage national ...
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