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

Question

Responses

The government should act to protect domestic industries from competition.
The government should act to protect domestic industries from competition.

The government should have little involvement in the economy.

Answer 1

The belief about economics supported by Adam Smith is:

The government should have little involvement in the economy.

Adam Smith advocated for limited government intervention and emphasized the importance of free markets and competition in promoting economic prosperity.