Adam Smith, The Results of Colonization; Critique The article written by Adam Smith pertaining to the results of colonization in 1776 is one which stretches the importance of the advancement and development on economic matters such as trade and commerce in Europe. This article does a thorough job in addressing the advantages as well as the disadvantages of the discovery of America by Europe. One major advantage being, the augmentation of its industry which would help push capitalism and maximize profits, as well as the increase of enjoyments which was due to the surplus produce of America. On the other hand, a disadvantage in the colonization of America is shown in the natives of the East and West Indies who had to endure hardships during
