In Adam Smith's View, Which of the Following Is Not

question 222

Multiple Choice

In Adam Smith's view, which of the following is not the role of government in business?

• A) providing defense against foreign enemies
• B) regulating business activity
• C) ensuring internal order
• D) furnishing public works
• E) providing education

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Definitions:

Property Law

The area of law that governs the various forms of ownership and tenancy in real property (land as distinct from personal or movable possessions) and in personal property, within the common law legal system.

Dispose

To get rid of something, typically by throwing away or giving it away.

Type, Grade, Quantity

Specifications that define the quality and amount of materials or goods required for a particular purpose or contract.

Facility

A place, amenity, or piece of equipment provided for a particular purpose or function, often related to the execution of a service or production of goods.