How adam smith applied the values of individualism, Other Subject

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How adam smith applied the values of individualism

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

Mercantilism
Classical Liberalism
Capitalism
Modern Liberalism

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

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

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