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28 May, 12:13

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.

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Answers (1)
  1. 28 May, 13:30
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    it would be B. He thought that taxes would become too high if the government became involved in economics.
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