How did adam smiths theory of history work to the detriment of less economically advanced non-european peoples?

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Social Studies

8 November, 08:42

How did adam smiths theory of history work to the detriment of less economically advanced non-european peoples?

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Sasha Huynh · Answer 1

Adam Smith's theory of history work to the detriment of less economically advanced Non-European people in getting the people rich.

Explanation:

Adam Smith creates GDP. Adam Smith wrote the book "The Wealth of Nation" and he was the Father of modern economics. He clearly explains the supply, demand. The wealth of the nation is the short name given for an inquiry into the nature and cause of the wealth of the nation. This wealth of the nation explains about wealth, productivity, labor, and markets. People of Non-European who have less economic condition is getting into the advanced economical state by understanding the theory of Adam Smith.