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Adam smith, who is considered "the father of capitalism," believed in a laissez faire approach the economy. smith described one exception, though, when governments should get involved. what role did smith believe government could and should play?
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During the revolutionary period, charles townsend was the british government's chancellor of the exchequer and responsible for the infamous townsend acts. what is another name for the chancellor of the exchequer? a. the vice prime minister of england b. the secretary of state of england c. the treasurer of england d. the attorney general of england
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