https://www.youtube.com/watch?v=Dl2XMz7LgQU

answer the following questions in 2 - 3 sentences based off of the video above.

1. What is Adam Smith's theory about the division of labor, and productivity?

2. How does money improve the productivity of an exchange?

3. What does Adam Smith say about value and how does it increase?

4. What are the three components of price?

5. How do supply and demand control wages?

6. If Adam smith had cast a vote in the 2020 general election (Biden/Trump) which way would he vote and why?