Which concept is associated with Adam Smith's economic theories? Options: Communism, Laissez-faire, Feudalism, Mercantilism
APWH: M Fall 2024 Final Part 5

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Social Studies
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10th Grade
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Hard
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1.
FLASHCARD QUESTION
Front
Back
Laissez-faire
2.
FLASHCARD QUESTION
Front
Explain how the "invisible hand" concept supports capitalism.
Back
It implies that individual self-interest can lead to positive economic outcomes.
3.
FLASHCARD QUESTION
Front
Identify the empire that was based in Istanbul after the fall of the Byzantine Empire.
Back
Ottoman Empire
4.
FLASHCARD QUESTION
Front
What was a common feature of the Gunpowder Empires?
Back
Employment of cannonry and gunpowder
5.
FLASHCARD QUESTION
Front
Describe the role of Suleiman the Magnificent in the expansion of the Ottoman Empire.
Back
He significantly expanded the empire in the Balkans and eastern Mediterranean.
6.
FLASHCARD QUESTION
Front
What is the primary idea behind the laissez-faire economic policy?
Back
Government should play as small a role as possible in economic affairs.
7.
FLASHCARD QUESTION
Front
Analyze the impact of urbanization during the Industrial Revolution.
Back
It caused overcrowding and spread of diseases in cities.
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