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Adam Smith said that the labour of farmers and the country labourer are certainly more productive than that of merchants, artificers, and manufacturers. Such a

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Adam Smith said that the "labour of farmers and the country labourer are certainly more productive than that of merchants, artificers, and manufacturers." Such a statement makes him sound like a O Mercantilist. O Physiocrat. O Ricardian. O None of the above. Question 12 1 pts Adam Smith's theory of value is based on "labor produces all" only for the pre-civilized society as he believed land and capital also add to the value of the commodity in the civilized society. O True O False

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