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What is Adam Smith's accomplishment?

Anonymous

∙ 16y ago

Updated: 11/11/2022

Adam Smith's accomplishment is his introduction of the three main concepts that contributed to the development of the free market principle. The three main concepts are: division of labour, pursuit of self interest and freedom of trade.

Wiki User

∙ 16y ago

What else can I help you with?

Is Adam smiths god?

yes

What were some of Jedediah Smiths abilities and accomplishments?

he saved people and that was a accomplishment

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he was a staunch opponent of it

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laissez-faire

What best describes Adam smiths ideas economic growth?

Nothing

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when you get touched by a ghost in the wrong places

Who is Adam Sandlers wife on grown ups?

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Who were Adam smith's friends?

David Hume and Voltaire were his best friends and Will Smith (Adam Smiths) father was close with Benjamin Franklin, !

How did Adam smiths teachings re-shape the course of European economic history?

he didnt

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The first working television was invented in 1925.

What were Adam smiths three laws of economics?

Law of self-interestLaw of competitionLaw of supply and demand

What is the main principle of Adam Smiths' The Wealth of Nations?

The main principle of Adam Smith's The Wealth of Nations is that business prospers by finding out what people want and providing it.