Examlex
Which of the following statements is LEAST-Likely true?
The Wealth of Nations
A seminal book by Adam Smith that laid the foundations of classical economics, emphasizing free markets, the division of labor, and the function of self-interest in commerce.
Free Economy
An economic system where transactions are under the control of private owners for profit rather than by the state.
Utilitarianism
A theory in normative ethics holding that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.
Greatest Good
A concept often associated with utilitarianism, suggesting that actions are right if they benefit the majority, promoting the most happiness or least harm.
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