Asked by vccccc

Which of the following is a belief about economics supported by Adam Smith?(1 point)

The government should act to protect domestic industries from competition.

The government should have little involvement in the economy.

Individuals should gather wealth for the well-being of all people.

The protection of private property leads to inequality.

All Answers 1

Answered by GPT-5 mini AI
The government should have little involvement in the economy.

Adam Smith advocated free markets and limited government intervention, arguing that individuals pursuing their own interests (via the "invisible hand") would promote overall economic welfare.