How adam smith applied values of individualism to economic

Reference no: EM133702098

Assignment:

1) What would be a working definition or understanding of the following:

Mercantilism
Classical Liberalism
Capitalism
Modern Liberalism

2) In a couple of sentences, describe how Adam Smith applied the values of individualism to economic or political systems.

3) In a couple of sentences, describe how John Stuart Mill applied the values of individualism to economic or political systems.

Reference no: EM133702098

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