What colonial economic principle is expressed in the passage?

The correct answer to this open question is the following.

Unfortunately, you forgot to attach the passage. Without the passage, we do not know what information is there. Only you know.

However, trying to help you, did some deep research and found a passage with the ideas of Scottish economist Adam Smith.

In this passage, Smith refers to the economic principle of Capitalism, in which people can work, exploit raw materials and natural resources, and became rich. Capitalism is based on free competence, free trade, and private property. In 1776, Smith wrote the document titled "An Inquiry into the Nature and Causes of Wealth of Nations," where he expressed his ideas on the economy.

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.

mexico south america

explanation: