Which of the following is a belief about economics supported by Adam Smith?
A. Which of the following is a belief about economics supported by Adam Smith?
B. Individuals should gather wealth for the well-being of all people.
C. The protection of private property leads to inequality.
D. The government should act to protect domestic industries from competition.
1 answer
A. Individuals should pursue their own self-interest in the marketplace, which will lead to overall economic prosperity.