Asked by j
Many classical economists such as Adam Smith believed that government should
intervene often in the economy.
intervene little in the economy.
always intervene in the economy.
totally control the economy.
All Answers 1
Answered by
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intervene little in the economy.
Classical economists like Adam Smith favored laissez-faire policies — limited government role (protect property, enforce contracts, provide public goods), letting markets largely operate on their own.
Classical economists like Adam Smith favored laissez-faire policies — limited government role (protect property, enforce contracts, provide public goods), letting markets largely operate on their own.
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