In the Wealth of Nations (1776),Adam Smith Made All of the Following

question 13

Multiple Choice

In The Wealth of Nations (1776) ,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 produce a good when there is a demand for it.
• E)certain areas of the economy were better run by government agencies.

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Definitions:

Sunlight

The natural light emitted by the sun, which is essential for photosynthesis in plants, influences climate and weather, and provides energy and warmth to the Earth's surface.

Ozone

A molecule consisting of three oxygen atoms, important in the stratosphere for protecting the Earth from harmful ultraviolet radiation.

Antarctica

The Earth's southernmost continent, covered by an ice sheet and surrounded by the Southern Ocean.

Upper Stratosphere

The higher portion of the stratosphere, located above the troposphere in the Earth's atmosphere, important for its role in filtering ultraviolet radiation.