Which of the Following Scenarios Would Best Exemplify Adam Smith's

question 87

Multiple Choice

Which of the following scenarios would best exemplify Adam Smith's view of best serving the interests of society?

• A) Individuals are selected to fill certain positions within the economy of their nation according to the needs of the nation as a whole.
• B) Markets are carefully regulated to ensure that all individuals within a nation are treated fairly and charged standardized prices.
• C) A country only has a limited amount of space for college students and uses a type of lottery system to determine who gets these spaces.
• D) Government scarcely exists in this country, and transactions are based on a system of barter, or trading goods, for other goods.
• E) Individuals in the country may pursue their own economic gain and self-interest by doing whatever is best for them.

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Definitions:

Squamous

Referring to flat, scale-like cells that make up the outer layer of the skin and some internal organs.

Actin

Actin is a globular protein that forms filaments, playing a vital role in muscle contraction, cell movement, and the maintenance of cell shape in all eukaryotic cells.

Myosin

A type of motor protein found in muscle tissue that is involved in muscle contraction and movement by interacting with actin.

Synapses

The junctions between neurons through which electrical or chemical signals are transmitted.