jordanpooh123 jordanpooh123
  • 25-08-2017
  • History
contestada

Which of the following accurately summarizes an idea of Scottish Enlightenment philosopher Adam Smith?

Respuesta :

xcute40 xcute40
  • 22-07-2019

Answer:

Economic markets will regulate themselves without government interference.

Explanation:

Smith favors free markets and the system of capitalism.

capitalism: the economic system in which free markets operate and are motivated by the investment of individuals who wish to see profits accrue from business enterprise

He trusts an "invisible hand" that causes markets to regulate themselves. Smith also supports laissez-faire economic policies. In this approach, the government does not interfere in a nation's economy.

Answer Link

Otras preguntas

whats the most accurate estimation of 65+77
which of the following represents the most accurate estimation of 38+23
A pencil measures 14 cm long. How many millimeters long is it?
''Life in a city is more rewarding than life outside a city."List two or three arguments in favor of this opinion and two or three arguments opposing this opini
which of the following represents the most accurate estimation of 38+23
which of the following represents the most accurate estimation of 38+23
''Life in a city is more rewarding than life outside a city."List two or three arguments in favor of this opinion and two or three arguments opposing this opini
why did people immigrate to the United States in the late 1800s?
why did people immigrate to the United States in the late 1800s?
why did people immigrate to the United States in the late 1800s?