Government

The wealth of Nations - David Gurczynski

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Wealth of Nations

When- Adam smith publishes the wealth of nations in 1776.

Today- A fundamental work in classic economics.

Where- Wealth of Nations had an impact among Europe.

Smith believed that free trade could bring about positive change across the globe. He was critical of Glasgow's Tobacco barons and the slave trade. To smith, economics could help to create a better, fairer and safer world.

Impact of the U.S. Government

The wealth of Nations to express concern about the lot of the poor and introduce the concept of relative poverty like those for food and shelter, and relative needs for smith advocated government support. Adverse effects of economic recessions, depressions, and booms! Promoting free markets and credited with modern currency markets.

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Milestone Events throughout History
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