For anyone who needs on 06.03: 1. how does smith's view of the economy expressed in this excerpt compare to owen's?marx wanted capitalism to become so terrible that the masses would have no choice but to overthrow it in a violent uprising. 2. use the following quote from karl marx to answer the question below: "capital is reckless of the health or length of life of the laborer, unless under compulsion from society." in what way is this statement consistent with the ideas of adam smith?smith knew that the invisible hand of the market was not concerned with the health of the laborer. 3. use the following excerpt from wealth of nations to answer the question below: "the statesman who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it." how does the view expressed in this excerpt compare with communist ideology?this view differs from communism because it argues against government control of the economy. 4. which of the following systems advocates that the suffering of the worker should be made lighter through intervention by the government?socialism 5. which of the following systems believes that the role of the government is only to promote competition and provide public goods?capitalism 6. which of the following correctly compares capitalism, socialism, and communism?capitalism is focused on the market and the individual, while socialism and communism value society collectively. 7. the ideologies of capitalism, socialism, and communism rose during which period of change?the industrial revolution 8. in the following statement, adam smith comments on the individual who uses domestic industry and labor. use smith's statement to answer the question below: " intends only his own he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his by pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it." how does smith's view of the economy expressed in this excerpt compare to owen's?smith believes that individuals acting in their own self-interest will lead to the maximum social benefit, while owens does not.