Adam Smith's Wealth of Nations Emphasized

question 52

Multiple Choice

Adam Smith's Wealth of Nations emphasized

• A)that Scotland produced several key technological innovations.
• B)how free markets produce socially efficient outcomes.
• C)mercantilism.
• D)that the government should intervene to smooth business cycles.
• E)the existence of externalities.

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Definitions:

Social Anxiety Disorder

A mental health condition marked by intense fear or anxiety in social situations due to concerns about being judged, embarrassed, or scrutinized by others.

Stomach Cancer

A malignant tumor that forms in the tissues of the stomach, often resulting from genetic factors, lifestyle choices, or chronic gastritis.

Dissociative Identity Disorder

A rare psychological condition formerly known as multiple personality disorder, where an individual exhibits two or more distinct and alternating personalities.

Multiple Personality Disorder

Now known as Dissociative Identity Disorder; a psychological disorder characterized by the presence of two or more distinct personality states.