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4 pages/≈1100 words
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APA
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Mathematics & Economics
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English (U.S.)
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Topic:

Adam Smith on Current Unequal Wealth Distribution and Social Unrest (Essay Sample)

Instructions:

CRITICAL WRITING ASSIGNMENT INSTRUCTIONS
You are required to complete 4 essays based upon specific questions listed in each assignment's instructions below. The purpose of the essays is for you to fully develop your critical thinking, comprehension, and writing skills in important areas of classical economics. Essays should demonstrate collegiate-level writing skills with regard to content and style and should be free from syntax errors. These essays require external research with a minimum of 3 scholarly economic journals required for each essay, not including the textbook.
You are required to write a minimum of 1,000 words and cite 3 sources for each essay. Grading will be based upon how well the essay demonstrates that you have read, understood, and carefully considered the question, the associated textbook theory, and external resources needed to complete the assignment.
Formatting Instructions:
• Good introductions will highlight the key points of your Critical Writing Assignments and should lead the entire paper. You can only write a good introduction after you have conducted the necessary research and thoroughly understand the pertinent chapters in the textbook.
• Following the introduction, discuss and corroborate the key points of your Critical Writing Assignment.
• Conclusions are 1 paragraph and should never introduce or discuss anything that hasn't been discussed earlier.
The Critical Writing Assignments are due in Modules/Weeks 2, 4, 6, and 8.
Critical Writing Assignment 1
Research Question: How would Adam Smith respond to modern-day claims that unequal distribution of wealth leads to social unrest?
To accomplish this assignment, identify and discuss the pertinent economic theories associated with Adam Smith and this research question.
Submit this assignment through SafeAssign by 11:59 p.m. (ET) on Monday of Module/Week 2.
Books:
Classical Economic Principles & the Wealth of Nations
by: Robert Genetski, Chapters 1-5
On Classical Economics
by: Thomas Sowell, Chapters 1-2

source..
Content:


Adam Smith on Current Unequal Wealth Distribution and Social Unrest
Name of Student
Name of Institution
Adam Smith on Current Unequal Wealth Distribution and Social Unrest
Introduction
Unequal wealth distribution is currently among the most challenging economic factors in the world. Countries and individuals face economic disparity across the globe, and this is what consequently contributes to social tension. With certain regions highly productive with massive volumes of wealth, other areas face economic struggles and constraints that leave the residents with no better options than to indulge in seeking better ways of survival. Such survival means include causing social problems to live better, according to them. Adam Smith uses the principle of Laissez-Faire, which states that economies and businesses give better results when there is no government interference. Through Adam Smith’s policy, businesses can run and flexibly stay in the economic market without any external interference. This article seeks to consider Adam Smith’s view and how he would react to the current unequal wealth distribution said to have caused social unrest.

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