queenv131693
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  • 04-03-2021
  • History
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how did Adam Smith's philosophy influence the economy locally and globally?​

Respuesta :

1079444
1079444 1079444
  • 04-03-2021

Answer:

Smith is  known for creating the concept of gross domestic product (GDP) and for his theory of compensating wage differentials. 2  According to this theory, dangerous or undesirable jobs tend to pay higher wages as a way of attracting workers to these positions.

Explanation:

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