Adam Smith.docx

Adam Smith Written Prep Eli Porter 3/18/19-3/22/19 Adam Smith WP

My name is Adam Smith, I am known for making capitalist economies more accommodating and meaningful. I was born in Scotland in 1723 and died 1790. I wrote a book about how important sympathy. I gave presentations about other similar topics as well. My overall goal was to make nations and people happier. I wanted to learn about modern economics because I wanted to help people produce a significant income while still enjoying their jobs. I also believe that governments shouldn’t overtax the rich, they should understand the rich and put them high up on the social hierarchy because of their good deeds.“Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.”(The Wealth Of Nations[PDF],pg.37). One step I took was instead of one person completing a job in one day, this person’s task could be split into multiple tasks and completed by multiple people much faster. This created more jobs, people enjoyed their job more and more product was made. I believe that education is very important for a society. Children are our future. If children are not educated. Then our nation will be dumb. You will be able to make your money spent on a school back over time and it will be worth it because of the knowledge gained. My thoughts on religion are believe what you want to believe, as long as it makes you happy. (The people feel themselves so much interested in what relates either their subsistence in this life, or to their happiness in a life to come, that government must yield to their prejudices, and, in order to preserve the public tranquility, establish that system which they approve of.”(The Wealth Of Nations[PDF],pg.426). In summary, my main priority was to make people happy while also maintaining a rich nation. Do you agree that everyone should enjoy their job? Do you think rich people should be

Adam Smith Written Prep Eli Porter 3/18/19-3/22/19 Adam Smith WP overtaxed? Moreover, do you think they deserve to be high on the social hierarchy because of their wealth?

Works Cited Life, The School of. “POLITICAL THEORY - Adam Smith.” YouTube, YouTube, 26 Dec. 2014, www.youtube.com/watch?v=ejJRhn53X2M&feature=youtu.be. Smith, Adam. “Librivox.” Read by Stephan Escalera, LibriVox, librivox.org/the-wealthof-nations-book-1-by-adam-smith/. Smith, Adam. “Wealth Of Nations.” Ibiblio, www.ibiblio.org/ml/libri/s/SmithA_WealthNations_p.pdf.