The great 18th-century economist Adam Smith wrote, “Little else is requisite to carry a state to...

The great 18th-century economist Adam Smith wrote, “Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.” Explain how each of the three conditions Smith describes would promote economic growth.

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Rahul Sunny answered 1 year ago

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