Smith Theory of Moral Sentiments and Wealth of Nations Questions

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Economics

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what is the general theme of Smith's Theory of Moral Sentiments? how does it relate to his Wealth of Nations? how does Smith define the wealth of a nation? what factors interact to cause increases in a nation's wealth?

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Running head: THEORY OF MORAL SENTIMENTS

Theory of Moral Sentiments
Name
Institution

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THEORY OF MORAL SENTIMENTS
Theory of Moral Sentiments
The approach has themes surrounding moral ideas among the people. It goes to
suggest that the social nature of individuals informs their ideologies on different factors in
society (Klein, 2018). According to the thinking of smith, there is prudence that exists among
the community. There are rules on the same; therefore, they should be applied so that the
c...


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