Adam Smith's theories focused on explaining the best way to divide the fixed resources we have available,rather than on how to create more wealth.

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Adam Smith's theories, particularly in his book "The Wealth of Nations," focused on how to create more wealth through free market principles such as division of labor, specialization, and competition. He argued that increasing productivity and efficiency would lead to an overall increase in wealth.

Adam Smith's Theories Focused on Explaining the Best Way to Divide