Why did Adam Smith advise nations to allow their economies to remain as free as possible from government interference?
A.
He thought that governments would become dictatorships if they became involved in economics.
B.
He thought that taxes would become too high if the government became involved in economics.
C.
He thought that the market forces of supply and demand could run economies more efficiently than governments could.
D.
He did not understand modern economics.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why did Adam Smith advise nations to allow their economies to remain as free as possible from government interference? A. He thought that ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which market segment should a no-frills hotel target? 1) backpackers 2) business travelers 3) families 4) leisure travelers
Answers (2)
Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 17.4 percent and the standard deviation of those returns in this period was 43.77 percent.
Answers (1)
How many bones are in a Giraffe's neck?
Answers (2)
How is the economy likely to be affected if a democracy becomes an oligarchy ?
Answers (1)
Webster is a talented baker and has a degree in business management. He wants to own his own chain of incorporated bakeries one day. What obstacle does he face to starting a corporation right away?
Answers (2)
New Questions in Business
An American manufacturer has been asked to provide construction equipment to a foreign government. The contract is for a sizable amount, so the manufacturer wants to protect itself should the foreign government refuse to pay for the equipment once
Answers (1)
Use the following information to answer the next three questions. Periods Future Value of $1 at 12 Percent Future Value of Ordinary Annuity of $1 at 12 Percent Present Value of $1 at 12 Percent Present Value of Ordinary of $1 at 12 Percent 1 1.120 1.
Answers (1)
The primary aim of an informative speech is to Multiple Choice modify the attitudes of the audience. explain why listeners should change their behavior. offer reasons for supporting a new policy. convey knowledge or information.
Answers (1)
The more management relies on formal, collective, sequential, fixed, and serial socialization programs and emphasize divestiture, the more likely newcomers' differences will be stripped away and replaced by standardized predictable behaviors. 1.
Answers (1)
Based on the circle graph, about how many dollars does the federal government expect to spend on health that year? a. $8.3 billion c. $230 billion b. $141 billion d. $13.5 billion
Answers (1)