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Capitalism and Beyond 1 - Fall 2025

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TRUE or FALSE: According to Smith, the profits of the capitalist are just another name for the wages of a particular kind of labour: the work of inspecting and directing her employees.

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According to Smith, the wages an employee is paid are equal to:

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According to Smith, the business-owner makes a profit by:

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According to Smith, how do we usually get strangers to do things for us?

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According to Smith, people who live in the countryside do more things for themselves than people who live in cities, because those who live in the country:

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