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History, 14.10.2020 01:01 tylercapozzoli

Adam Smith argued that these changes brought about by the Industrial Revolution and the American and French revolutions were good changes. However, he also admitted that the free-market system wasn't without problems. He pointed out the possibility of producers contriving to raise prices. What are some other potential problems with the free-market system that Smith didn't point out?

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Adam Smith argued that these changes brought about by the Industrial Revolution and the American and...
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