Adam Smith argued for
D. Returning Europe to a feudal economy
A. Mercantilism
C. Making the greatest possible use of enslaved Africans
B. Free trade, free markets, individualism and opposed absolutist rule
1 answer
The correct answer is B. Free trade, free markets, individualism and opposed absolutist rule. Adam Smith is known as one of the founding figures of classical economics and wrote "The Wealth of Nations" where he advocated for these principles. He believed that individuals pursuing their own self-interest in a free market would lead to overall economic prosperity and opposed government intervention and control in the economy.