Adam Smith Noted That People Are Adept at Pursuing Their

question 47

Multiple Choice

Adam Smith noted that people are adept at pursuing their own self-interests, and that ____ harnesses this self-interest remarkably well.

• A)a totalitarian regime
• B)a market system
• C)a democratic government
• D)a closed system

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Definitions:

Measures Of Success

Criteria or standards used in evaluating proposed solutions to the problem.

Decision Makers

Decision makers are individuals or groups responsible for making choices that affect the outcomes of a particular situation or business strategy.

Causal Research

A type of study that seeks to identify and determine the relationships between cause and effect.