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The Scottish Philosopher Who Proposed a "Laissez Faire" Economy Free

question 22

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The Scottish philosopher who proposed a "laissez faire" economy free from government monopolies and mercantilist regulations was


Definitions:

Entrepreneur

An individual who starts, organizes, manages, and assumes the risks of a business or enterprise.

Small Companies

Organizations with a limited number of employees and revenue, often characterized by a narrow market focus.

Microloans

Small-business loans often used to buy equipment or operate a business.

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