Adam Smith

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introduction to Adam Smith

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Adam Smith

  1. 1. Adam Smith Great thinker of political economy
  2. 2. His Theories 1.Modern free market 2.The "invisible hand“ 3. … … This is what I believed.
  3. 3. Free market “a market which is free from government intervention” How free it is! 
  4. 4. Where is the invisible hand ?? The "invisible hand“ The “invisible hand” can play a role in allocating resources in a free market.
  5. 5. Division of labor is…….. I know you have many theories, just hold them on your book.
  6. 6. His influence He wrote the wealth of nation If you want to know more about his theories, please read this book!
  7. 7. His influence He is father of the political economy I love you baby!
  8. 8. His influence He guided a way to economy And …… Wow, It’s a good way!
  9. 9. Summary His theories Modern free market The "invisible hand“ And…… His influence He wrote the wealth of nation He is father of the political economy He guided a way to economy And ……
  10. 10. Thank You!!! Produced by Lincoln(08532087)_ Lou jiaqi Floyd(08530262)_ Cai yunfan
  11. 11. Reference http://en.wikipedia.org/wiki/Adam_smith#Portraits.2C_monuments_and_banknotes http://en.wikipedia.org/wiki/Free_market http://zh.wikipedia.org/wiki/%E8%BE%B9%E9%99%85%E4%B8%BB%E4%B9%89 http://en.wikipedia.org/wiki/Classical_economics http://en.wikipedia.org/wiki/Invisible_hand http://www.photophoto.cn/photo/list/003013.htm http://www.rapidppt.com/bbs/

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