1. Capitalism- An economic system where the the owner has control of the buisness not the state.
Mercantilism- An economic system where the government regulates all of the nations commercial interest.
2. Wealth of Nations was published on March 9, 1776
3. the first comprehensive defense of free market policies
3.The invisible hand is a metaphor that illustrates how those who seek wealth by following their individual self-interest, inadvertently stimulate the economy and assist society as a whole.
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