"Wealth of Nations" Need help please?

Hello I am 15 years old. This summer for Social Studies I have to write a 4-5 page essay on the Wealth of Nations and the Communist Manifesto. I have some questions about the Wealth of Nations. I only had to read The Introduction, Book I Chapters 1-5, and book 4 chapters 1-2. I read them but I dont really understand it all. Can you tell me how did Smith feel about mercantilism? Is the mercantile system a necessary evil of the capitalist model or should governments intervene to establish regulations that make the "race for wealth" among nations of this world fairer? I also have to discuss mercantilism from book 4 from mr. Smith's classic. I really need help and anything you tell me will be greatly appreciated.
Thanks in advance

Answer:
OK! You have to thank God for the computer and the fast Internet of the advanced technology for today world.

It was only taking me 5 minutes of the researching to find out something about the story you have to do.

First, You have go deeper to the author's eyes. Who is he, and what is it that he believe in. Who is Adam Smith? What is it that motivated him to wrote this book. Then you follow what his thought is.

Seemed to me his book is about analysis of human economic behavior. The wisdom of human being. You get what you are working for. You couldn't demand on the set up of the natural market price because some poor people couldn't afford to buy them. That is so far I getting it. Remember!! you might come up with different understanding as long as you read and researching. Just give yourself a best shot. If you understand what you read, writing is not going to be a big problem to you. It only took me 5 minutes to wrote this. You can do it!
Depends on what system they have. Are they free enterprise are they communist are they what. Please go to www.wikipedia.com for more information.
Governments can intercede if they choose, but regulations will not change the laws of economics, and they will be hit square in the nose with those pesky unintended consequences.

Smith's writing may be the problem for you. I don't care for it. Maybe you could find a Cliff's Notes or something?
Wikkepedia is good, but the first paragraph of:

http://www.econlib.org/library/enc/merca...

is a little simpler.

So, to answer your question, Smith did not like mercantilism. One of the goals of mercantilism was to increase the amount of gold by stimulating exports and reducing imports, either by government subsidy or by war. Smith was of the opinion that the gold itself was 'worthless', and that it is the work that men do is important. It is not gold itself that is important but rather what you do with it.

Now of course you should know that Smith coined the term 'mercantilism' and when economic historians began looking for mercantilists they were few and far between. And, in fact, governments who wanted lots of gold often wanted it because there was no other source of money, and as economy grows it needs more money. The stimulation of exports increased employment and manufactures which made it easier to develop defense, as did having a large navy to destroy competitive countries or open markets. But Smith all though this was a waste of time and effort, and that a free and unhampered market would thrive as people's natural greed would provide the proper and only incentive to maximize productivity.

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