Capitalism: test your knowledge!

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Please fill in the blanks with the correct answers in this paragraph about capitalism.

Mia Choucair

Lebanon

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Compléter Capitalism: test your knowledge!Version en ligne Please fill in the blanks with the correct answers in this paragraph about capitalism. par Mia Choucair 1 interference prices Wages wages poor lower poverty Law free market David class Ricardo working Iron of government During the Industrial Revolution , economists like Adam Smith and David Ricardo shaped the ideas behind modern capitalism . Adam Smith believed in a , where supply and demand and competition would naturally guide the economy without the need for . He argued that competition would help and make goods more available to all social classes . , however , is known for his , which suggested that when go up , families grow larger . This leads to more workers , which causes wages to fall and keeps the in hardship . His theory made many believe that was unavoidable and discouraged government help for the .