HELP PLEASE Which economic thinkers had the greatest effect on the development of the United States? Explain.

ADAM SMITH

Explanation:

ADAM SMITH (1723-1790)

A key figure of the Scottish Enlightenment, Smith is the giant on whose shoulders subsequent economists have stood. He is best known for The Wealth Of Nations, his 1776 landmark book on economics, published at the dawn of the Industrial Revolution  -  and was even consulted on economic matters by Pitt The Elder, the Whig politician and Prime Minister. His arguments for free trade, market competition and the morality of private enterprise remain as fresh and influential as when written over 200 years ago. That said, Smith  -  who studied and later taught at Glasgow University  -  saw only a limited role for government and was hostile to economic nationalism. However, his arguments have at times been misinterpreted by free marketeers in recent decades. The fact is that he did not believe in 'laissezfaire' (an earlier French doctrine opposing any government intervention in economic matters)  -  he saw government's sole job as to establish law and justice, and provide for the nation's education and basic infrastructure.

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1. read the following excerpt from franklin d. roosevelt's "fireside chat 19":

on the other side of the picture, we must learn also to know that guerilla warfare against the germans in, let us say serbia or norway, us; that a successful russian offensive against the germans us; and that british successes on land or sea in any part of the world strengthen our hands.

remember always that germany and italy, regardless of any formal declaration of war, consider themselves at war with the united states at this moment just as much as they consider themselves at war with britain or russia. and germany puts all the other republics of the americas into the same category of enemies. the people of our sister republics of this hemisphere can be honored by that fact.  

the true goal we seek is far above and beyond the ugly field of battle. when we resort to force, as now we must, we are determined that this force shall be directed toward ultimate good as well as against immediate evil. we americans are not destroyers — we are builders.

analyze the effectiveness of this excerpt. how does it function within the speech as a whole? how does the structure of the excerpt to convey the speech's purpose and key points? support your argument with evidence from the speech. (10 points)

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