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jan 1, 1776 - Inquiry into the Nature and Causes of the Wealth of Nations

Description:

Published by Adam Smith, it encouraged freedom of enterprise instead of a monopoly of corporations. Also argued that the government shouldn't have such a strong influence on the economy. Smith felt like in order to have a thriving economy, there should be competition between merchants.

Added to timeline:

Date:

jan 1, 1776
Now
~ 249 years ago