Adam Smith

High school (ages 12+)
History & Culture

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/adam-smith

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. When was Adam Smith born?June 16, 1723
2. When did Adam Smith die?July 17, 1790 (age 67)
3. Where was Adam Smith born?Kirkcaldy, Fife, Scotland
4. Who was Adam Smith?Adam Smith was a Scottish thinker born in 1723 who studied philosophy and economics. He taught at the University of Glasgow and wrote important books about how people can be good and how markets work.
5. What is the division of labor?The division of labor means that people do one small part of a job instead of the whole job. This makes factories produce many more items, like a pin factory making lots of pins.

Mercantilism: An economic theory advocating for government regulation and protectionism to increase national wealth and power.
Absolute Advantage: The ability of an entity to produce a good or service more efficiently than its competitors.
Scottish Enlightenment: A period of intense intellectual and scientific advancement in Scotland during the 18th century.