Explanation: he believed in a market form of government were wages were determined by the market instead of the government
Explanation: Adam Smith is the father of modern capitalism and liberal economics, and is remembered as one of the most respected economists. Also known as a philosopher, whose work "The Wealth of Nations" is the root of a modern market economy. He advocated specialization, division of jobs as an effective method of increasing productivity and encouraging market laws exempt from any government influence.
The Soviet Union existed from 1917 to 1991. At its height, it consisted of 15 states that were once autonomous nations. The government was authoritarian and was based on communism, and the people had little freedom or input into the ruling of the country. Therefor, they were a COMMAND ECONOMY.
They controlled the economy like the communists they are
Monopolistic competition characterizes an industry in which many firms offer products or services that are similar, but not perfect substitutes.
The correct answer is a command economy.
A command economy is one in which a central government does all of the economic planning for a country. This means that the government will dictate would goods businesses make and how these goods will be distributed to the citizens of their country. This command economy was part of the communist system established in the Soviet Union during the early part of the 20th century. The Soviet Union would work to expand this system to other countries through the 1950's and 1960's.
The economic system the Soviet Union had was COMMAND ECONOMY
Economics of the time were dominated by the idea that a country's wealth was best measured by its store of gold and silver. Smith proposed that a nation's wealth should be judged not by this metric but by the total of its production and commerce—today known as the gross domestic product (GDP).
D. a mixed economy
the influence of charles louis de secondant , baton montesquieu.
china has confucianism thats everywhere in asia but it isn't really a religion.