1. Enlightenment
... disadvantageous to the country- (Smith, 47) Similarly, Quensay and the Physiocrats believed in natural economic laws including the idea of supply and demand, which is what the American economy is primarily based on. When America became independent, it not only abandoned mercantilism, but also became a free t! rade zone for the rest of the world. Furthermore, when the Americans declared their independence, they ... entirely, the condition of every person is alike; and being so, it would not be to the interest of any one to render that condition offensive to others." (Rousseau, 39) The sep...
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