Describe what smith meant by the Invisible hand How exactly does it function ? Describe how Smith's work is a reation to mercantilism, Which dominated the Seventeenths and eighteenth centuries . As a point of departure, define Mercantilism Discuss if all 19 th - century thinkers agree with Smith , How did , for instance , karl Marx View the doctrine of laissez - faire? what were the inevitable consequences of Suck an economic system? Discuss the influences of Smith and his Critic , like Marx , & reflected in the mixed economy of the united states today