B Flashcards
These group of people rejected mercantilism to focus on laissez-faire
Physiocrats
Locke thought citizens should do what if the social contract was violated?
Revolt
What were enlightened thinkers in France called?
Philosophes
Who said people are cruel, greedy, and selfish?
Thomas Hobbes
Thomas Hobbes published what book in 1651?
The Leviathan
Name for “rules discoverable by reason”
Natural Law
Who wrote the first encyclopedia?
Diderot
What is the social contract?
an agreement between citizens and their government
To have organized lives, Hobbes said this was necessary…
a strong government
What is laissez-faire?
government keep out of the economy philosophy “hands off”
Adam Smith’s ideas gave rise to this economic philosophy…
Capitalism
This said a free market (Capitalism) should regulate economy…
The Wealth of Nations
