What contributed to rapid economic growth in England during the Industrial Revolution?
A
free trade agreements
B
advances in steam power
C
the invention of the automobile
D
decreased population growth rates
Which was a key aspect of Adam Smith's economic philosophy?
A
Sustained economic growth can only be achieved through the redistribution of wealth.
B
The role of the government in an economy is to tightly regulate trade.
C
An economy will regulate itself if individuals are free to pursue their own self interest.
D
The means of production should be shared by all members of a society.
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