Introduction to Sociology Deneme Sınavı Sorusu #1213703

  1. Owned mines
  2. Production power
  3. Valuable metals

Which of the above can be considered as factors in the Smith's idea of national prosperity?


Only I

Only II

I and II

I and III

II and III


Yanıt Açıklaması:

Smith is the first critic of the mercantilist doctrine. One of the subjects he inquires is what a country’s prosperity depends on. According to the economics theory that he based on a criticism of Mercantilism, a nation’s prosperity depends on the nation’s production power, whereas Mercantilists think that a nation’s prosperity depends on the mines the nation has. Tat is, a nation’s prosperity depends on the power of producing the wealth needed for a comfortable and untroubled life. The correct option is B.

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