According to Adam Smith, What Should Be the Role of Government

question 80

Multiple Choice

According to Adam Smith, what should be the role of government in a capitalistic society?

• A) collective ownership of land and resources, distribution of goods and pay according to work done and owner of industries
• B) to redistribute wealth by taxing the private sector, promote social objectives, and centrally plan the economy
• C) limited to providing defence against foreign enemies, ensuring internal order, and furnishing public works and education
• D) controlling interest in industry, distribution of resources, and promoting social objectives

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Definitions:

Winner-Take-All

An electoral system in which the candidate who receives the most votes wins the entire election or all available seats, as opposed to proportional representation systems.

Proportional Representation

A voting system where the allocation of seats to parties is directly proportional to the amount of votes they receive.

Majoritarianism

A traditional political theory or practice that asserts that a majority of the population is entitled to a certain degree of primacy in society, and has the right to make decisions that affect the society.

Party Alignment

The association and support of an individual with a particular political party based on shared ideologies or policies.