1. Adam Smith Industrial Revolution Do you Know?

2. Adam Smith Industrial Revolution Do you Know? 1. Idea

3. BACK 1. Capitalism— market competition good (lower prices, more goods)

4. Adam Smith Industrial Revolution Do you Know? 1. Idea 2. Smith’s book

5. BACK 1. Capitalism– market competition good (lower prices, more goods) 2. Wealth of Nations

6. Adam Smith Industrial Revolution Do you Know? 1. Idea 2. Smith’s book 3. Government role in Industry

7. BACK 1. Capitalism-- market competition good (lower prices, more goods) 2. Wealth of Nations 3. “laissez faire”-- leave business alone!

8. Adam Smith Industrial Revolution Do you Know? 1. Idea 2. Smith’s book 3. Government role in Industry 4. Why humans have unequal wealth and incomes

9. BACK 1. Capitalism– market competition good 2. Wealth of Nations 3. “laissez faire”--let business alone! 4. Unequal motivation, talents, and work ethic