Question

What did Adam Smith see as the problems of mercantilism? How were his view different?

Answer 1

Adam Smith didn't believe that money was true wealth, people were selling more than they were buying to try and become wealthy, and Smith's views are different because he believes that money doesn't make you wealthy, doing, or having things that bring you satisfaction.

Answer 2

Adam Smith didn't believe that money was true wealth, people were selling more than they were buying to try and become wealthy, and Smith's views are different because he believes that money doesn't make you wealthy, doing, or having things that bring you satisfaction.