In the Wealth of Nations (1776),Adam Smith Made All of the Following

question 2

Multiple Choice

In The Wealth of Nations (1776) ,Adam Smith made all of the following arguments for laissez-faire capitalism,EXCEPT which of the following?

• A) The desire for profit is the invisible hand that guides a capitalist system.
• B) The government should not be allowed any role whatsoever in the economy.
• C) Private firms should be left alone to make their production and distribution decisions.
• D) Firms will try to use as few resources as possible in order to keep their prices low.
• E) Certain areas of the economy were better run by government agencies.

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Definitions:

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