In 1776, what did political philosopher Adam Smith observe about the "discovery" of the Americas?

A) The European colonization of the Americas changed the course of history.
B) The idea of slavery in the New World originated with the Native Americans.
C) In reference to the Americas, the term "discovery" is misleading and should not be used.
D) Christopher Columbus's role in settling the New World was insignificant.
E) Native Americans had benefited tremendously from European encounters.

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his works "The Wealth of Nations," which laid the foundations of classical free-market economic theory.

European Colonization

The process by which European powers occupied and controlled lands outside their continent, starting in the late 15th century, often resulting in significant cultural and economic changes.

"Discovery"

Often refers to the European "discovery" of lands outside of Europe, although these lands were already inhabited, marking the beginning of colonization.