Adam Smith (jun 16, 1723 – jul 17, 1790)
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Adam Smith (1723) was another very important person. He was the one who took the foundation John Locke had created and started building a house! Adam Smith is known as the Father of Economics, as well as creating Capitalism, believing in Free Market and Free Trade, and Privatization of Property. Smith however disagreed with high taxation, regulations, and tariffs. He stood against monopolies, Government intervention in Economics, and Mercantilsm.
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