Adam Smith's Basic Economic Philosophy Stated in the Wealth of Nations

question 85

Multiple Choice

Adam Smith's basic economic philosophy stated in The Wealth of Nations can be stated as:

• A) laissez faire.
• B) allow to act.
• C) the least government is best.
• D) all of the above.

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Definitions:

Protozoans

Single-celled eukaryotic organisms that may exhibit animal-like behaviors, such as movement, and are often found in aquatic or moist terrestrial environments.

Amoeboids

A group of organisms, mostly unicellular, that move and ingest food by extending pseudopods.

Fungal Cell Walls

Rigid outer layers found in fungal cells, composed primarily of chitin, which provide structure and protection.

Chitin

A long-chain polymer of N-acetylglucosamine, a derivative of glucose, which forms a major component in the exoskeletons of arthropods and the cell walls of fungi.