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23 October, 08:10

According to smith, what is the primary economic motivation for most people?

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  1. 23 October, 08:32
    0
    Adam Smith is considered the father of Economics. He wrote a book, called "Wealth of Nations" and in it, explained his Theory of Economic Development. He believed in free trade (natural trade without tariffs or restrictions) and Laissez-Faire (the state should not impose restrictions on the freedom of an individual) economics.

    He stated that all human beings were motivated by self-interest. this theory was also to be applied to economic interest. He also believed that self-interest and competition was good for the economy and each other.
  2. 23 October, 12:09
    0
    the answer on edge is b

    to find employment where they can make the most money

    you're welcome
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