Economics

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Steuart and Smith had different views concerning history and human nature, though some of the theoretic concepts were related. According to Steuart, man acts uniformly throughout all ages irrespective of the country and the climate. Moreover, he ...
1) In market-based economy, individual goals are more important than the collective ones. The countries with market-based economy progress rapidly and are more likely to show high growth rate. The major part of economic activity is under the control ...
 

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