The excerpt supports laissez-faire capitalism. It suggests that individuals, driven by their self-interest, can inadvertently benefit society by contributing to the distribution of resources, resembling a natural order in the economy.
Question Use the excerpt to answer the question. “[The rich] consume little more than the poor, and in spite of their natural selfishness and rapacity . . . they divide with the poor the produce of all their improvements. They are led by an invisible hand to make nearly the same distribution of the necessaries of life, which would have been made, had the earth been divided into equal portions among all its inhabitants, and thus without intending it, without knowing it, advance the interest of the society, and afford means to the multiplication of the species.” What economic system does the evidence support? (1 point) Responses communism communism mercantilism mercantilism utopian socialism utopian socialism laissez-faire capitalism laissez-faire capitalism Skip to navigation
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