What did Adam Smith Say and Believe In? 1723-->1790

-Shaping the Traditonal Economic Theory, Smith believed in the Free Market and how the 'Invisible Hand' would Allocate Resources in the Best Way Possibly -Reasoning was how Consumers and Firms are thinking about how to Maximise their Own Benefits and Profit. In the Free Market, the Consumers Demand, and Firms Supply, will lead to a Price that Satisfy both Parties. -Monopiles can't Exist, and Low Barriers should be made to Maximise Competition [as Innovation and Efficiency Skyrocket] -Smith also Mentioned Specialisation and Division of Labour