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Integrated Social Studies

Capitalism & Free Enterprise Day II notes

Ms. Baker
Origins of US Capitalism:
1. Who was Adam Smith?
2. What book did he write?
3. Why are Smith & Wealth of Nations important?

Wealth of Nations:
4. What did Smith argue in his book?
5. What does this mean to you?
6. Do you agree or disagree? Why?

7. How did Smith believe economics happen?
8. What does this mean?
9. Describe laissez-faire:

Wealth of Nations & the Founders:

10.What did the founders believe about Smith?