In Adam Smith's the Wealth of Nations,how Many "Institutions" Are

question 57

Multiple Choice

In Adam Smith's The Wealth of Nations,how many "institutions" are in the capitalistic system?

• A) 3
• B) 4
• C) 5
• D) 6

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Definitions:

Government

The governing body of a nation, state, or community, charged with regulating and administering public policy and affairs.

Essential Resource

A necessary input or resource that is fundamental for the functioning and sustainability of an economy or ecosystem.

United States

A country located in North America, known for its large economy and diverse population, characterized by significant cultural and geographic variety.

General Motors

A global corporation based in Detroit, United States, that specializes in designing, producing, marketing, and selling vehicles and their components.