Adam Smith: Father of Economic Science
Who did Adam Smith tutor in 1764?
The Duke and he lived and traveled in France and Switzerland
What University did Smith attend and at what age?
University of Glasgow at 14
What does urbanization mean?
the growing of cities
What caused accidents in the assembly line?
Boredom
What chair did Adam Smith serve and what University?
Chair of logic and of moral philosophy at Glasgow University
Where and when did Adam Smith die?
Edinburgh, Scotland July 19,1790
What did Smith oppose?
Government interference (such as high tariffs) in the economy as promoting inefficiency and high prices= "laissez fair"
What did Adam Smith do with the pension from tutoring the duke?
He retired to Kirkcaldy and wrote the Wealth of the Nations
Who made cars affordable?
Henry Ford
Make sure to study your notes because I can't put everything on here!!
I left a lot of information out!! Make sure to study your notes!
Where was Adam Smith born?
Kirkcaldy, Scotland
What created monopolies?
Laissez-faire
How many colors was Henry Ford's car?
One, black
What other college did Smith attend?
Oxford
Where did Eisenhower go to school?
West Point in New York
Top 3 events in American history?
1) Industrial Revolution 2) Atomic Bomb (August 6, 1945) 3) Invention of the personal computer
When was the Wealth of Nations published?
1776
When was Dwight Eisenhower president?
1950s
Where is Dwight Eisenhower from?
Abilene, KS