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29 December, 09:34

What basic principle of mercantilism was disproved by adam smith in his book, the wealth of nations?

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  1. 29 December, 11:31
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    Scottish philosopher who wrote The Wealth of Nations in 1776. Argued that money in and of itself did not constitute wealth wealth but merely its marker. He advocated Laissez-faire economic theory. Adam Smith also said that individuals should freely pursue their own economic interests.
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