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TOPIC: Journal on Adam Smith’s Wealth of Nation
TYPE: Article Review
: 02.03.2017 03:26
Question : Focus on Chapters V, VI, and VII of Book 1. Explain how, according to Smith, the natural price and market price differ in terms of their role in indicating the value of a commodity to the laborer. Criteria : The purpose of the journals is that you identify, prioritize, explain, and interpret particular ideas from the texts. You will also explore, analyze and develop them in writing. All these are activities requiring close reading and thinking; they are essential components for making reflective and meaningful judgments on the question you have in hand. The questions require that you define accurately particular topics, while at the same time, offer interpretations that are open-ended. â€œOpen-endedâ€ does not mean vague or â€œanything goesâ€. It means there are more ways to interpret the ideas than just one single correct answer. Your response must regard the texts as evidence, and engage with them as the ground of your reasoning. Where evidence is partial or not available, your judgement on how to regard what is missing and the uncertainties the thinkers demonstrate is also relevant.
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