ECS3705 Study Unit 2 Adam Smith

University of South Africa

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ECS3705-Study-Unit-2-Adam-Smith
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13

november 2021

2021/2022
When studying this unit, you should aim at gaining knowledge and understanding of the following: • The main tenets of the Enlightenment worldview. • How both the Theory of Moral Sentiments and the Wealth of Nations suggest different ways of reconciling individual freedom with the achievement of the common good. • How the division of labour enhances productivity and ultimately leads to mechanisation and industrialisation. • How the size of the market limits the division of labour. ...
Dwayny
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ECS3705 Study Unit 2 Adam Smith

University of South Africa

ECS3705-Study-Unit-2-Adam-Smith