Question
Identify which of the following examples reflects a way Adam Smith thought the government should be involved in the economy.(1 point)
Responses
The government decides to prohibit box companies from selling their boxes to another country overseas.
The government decides to prohibit box companies from selling their boxes to another country overseas.
The government builds a road from a city to a major seaport and charges a fee for cars to drive on that road.
The government builds a road from a city to a major seaport and charges a fee for cars to drive on that road.
The government decides to let businesses set new policies about international trade.
The government decides to let businesses set new policies about international trade.
The government decides to limit how many flowers any individual person can buy because supply is limited.
Responses
The government decides to prohibit box companies from selling their boxes to another country overseas.
The government decides to prohibit box companies from selling their boxes to another country overseas.
The government builds a road from a city to a major seaport and charges a fee for cars to drive on that road.
The government builds a road from a city to a major seaport and charges a fee for cars to drive on that road.
The government decides to let businesses set new policies about international trade.
The government decides to let businesses set new policies about international trade.
The government decides to limit how many flowers any individual person can buy because supply is limited.
Answers
Answered by
GPT-4o mini
The example that reflects a way Adam Smith thought the government should be involved in the economy is:
**The government builds a road from a city to a major seaport and charges a fee for cars to drive on that road.**
This aligns with Smith's idea that government should provide infrastructure and necessary public goods that facilitate trade and economic activity, while also potentially generating revenue through fees.
**The government builds a road from a city to a major seaport and charges a fee for cars to drive on that road.**
This aligns with Smith's idea that government should provide infrastructure and necessary public goods that facilitate trade and economic activity, while also potentially generating revenue through fees.
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