Adam Smith's Philosophy Was That the Pursuit of One's Own

question 67

Multiple Choice

Adam Smith's philosophy was that the pursuit of one's own interest led by the invisible hand of a free marketplace leads to promoting the interests of society.Which of the following does not help the invisible hand mechanism work efficiently?

• A)Prohibitions against theft and fraud.
• B)Principles of honesty and integrity.
• C)Strong property rights.
• D)Rights of compensation.

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Definitions:

Systematic Desensitization

A behavioral therapy technique aimed at reducing phobic or anxiety responses by gradual exposure to the feared object or situation paired with relaxation techniques.

Cognitive Therapy

A form of psychotherapy that aims to change negative patterns of thinking or behavior that contribute to an individual's psychological distress.

Token Economy

A behavioral modification system based on the systematic reinforcement of target behavior through the distribution and exchange of tokens.

Counterconditioning

A behavior therapy technique where a maladaptive response to a stimulus is replaced with a more desirable one.