Facts101 is your complete guide to Economics, A Tool for Critically Understanding Society. In this book, you will learn topics such as Adam Smith, Classical Liberalism, and the Division of Labor, Karl Marx and the Socialist Critique of Capitalism, The Rise and Fall of Laissez-Faire in the U.S. Economy, and Scarcity: You Can't Always Get What You Want plus much more. With key features such as key terms, people and places, Facts101 gives you all the information you need to prepare for your next exam. Our practice tests are specific to the textbook and we have designed tools to make the most of your limited study time.