January 11, 2011

Question #1 - Answer

More importantly, Smith says that the wealth of a nation is not based on the hoarding of gold, but on the free flow of goods manufactured in a systematic way, a way that serves the needs of the individual and, ultimately, the nation as a whole.


The answer is C.


c) Smith stresses that systematically manufactured goods that are freely traded create more wealth for a nation than does the accumulation of commodities such as gold.