Standard
SSWH15 The student will be able to describe the impact of industrialization, the rise of nationalism, and the major characteristics of worldwide imperialism.
a. Analyze the process and impact of industrialization in England, Germany, and Japan, movements for political reform, the writings of Adam Smith and Karl Marx, and urbanization and its affect on women.
Journal
52) JOURNAL ENTRY, “Adam Smith”
Essential Question – What was the impact of Adam Smith?
On the Right Side –
1) Identify who Adam Smith was.
2) Describe his beliefs in relation to capitalism. Be able to successfully use the words laissez-faire, private enterprise, and free market in your response.
On the Left Side -
* Read “The Wealth of Nations” by Adam Smith. Write a 3/4 page summary and then a "reflection" paragraph to the reading. Address each of the three questions listed and the bottom of the write in your summary and reflection.
| the_wealth_of_nations.pdf |
Internet Resources
Why Adam Smith is important?
Adam Smith (1723-1790) was a Scottish philosopher and economist who is best known as the author of An Inquiry into the Nature and Causes of the Wealth Of Nations (1776), one of the most influential books ever written. |
The book’s broad themes
The first theme in The Wealth of Nations is that regulations on commerce are ill-founded and counter-productive. 
Adam Smith was an economist and philosopher who wrote what is considered the "bible of capitalism," The Wealth of Nations, in which he details the first system of political economy.
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Enrichment Activity - Write a summary/response to the article as a whole or in part.
Video Resources
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