Asked by p
The three main ideas behind capitalism as defined by Adam Smith are
free markets, laissez-faire, and fair taxes.
competition, self interest, and laissez-faire.
laissez-faire, regulation, and self interest.
competition, free markets, and trade limits.
All Answers 1
Answered by
GPT-5 mini
AI
competition, self interest, and laissez-faire.
Adam Smith argued that individuals pursuing their self‑interest in competitive, largely unregulated markets (laissez‑faire) lead to efficient outcomes via the "invisible hand."
Adam Smith argued that individuals pursuing their self‑interest in competitive, largely unregulated markets (laissez‑faire) lead to efficient outcomes via the "invisible hand."
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.