, Adam Smith Made All of the Following Arguments for Laissez-Faire

question 56

Multiple Choice

, Adam Smith made all of the following arguments for laissez-faire capitalism, EXCEPT

• A) the desire for profit is the invisible hand that guides a capitalist system.
• B) the government should not be allowed any role whatsoever in the economy.
• C) private firms should be left alone to make their production and distribution decisions.
• D) firms will try to use as few resources as possible in order to keep their prices low.
• E) certain areas of the economy were better run by government agencies.