Question

Adam Smith talks about two classes of society. What are those two classes, and
what is his argument concerning them?

Answer 1

Answer:

the bourgeoisie and the proletariat.

Bourgeois : own factories, medias, universities, government, establishments, property

Proletariat are the poor

Explanation:

Answer 2

According to Adam Smith the two classes of people that are in the society are the workers and the capitalists.

This can be likened to the bourgeoisie and the proletariats. The bourgeoisie are the wealthy capitalists that have the power of making the proletariats work for them.

The capitalists are known to exploit the workers. These groups are the owners of the factors of production and the workers have to sell their labor to earn wages.

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