Capitalism vs. Communism 2

Human capital may include

According to Smith, by division of labor and tasks or ______ we can create more wealth

The primary economic divide in the Postwar world

Postwar history embraces this time period:

Financial capital may include

Adam Smith outlines a theory about why we do what we do - bake bread, work at a job...it is

A synonym for capital is

There are various types of capital, they may include

World War II ended in this year

The invisible hand may also be called

Capitalism sometimes produces things like, unemployment or closed industries, byproducts of

Adam Smith's book was entitled (short form)...

George Gilder argued in the video we watched that innovation comes from

Adam Smith argues that we can increase wealth by increasing this

This philosopher wrote a treatise on wealth, this book laid the foundation for capitalism

Adam Smith's, The Wealth of Nations was first published in

In the film, "I, Pencil" we see this at work (in some detail) and in a striking visualization