Adam Smith Was a Proponent of the Doctrine of Laissez

question 39

True/False

Adam Smith was a proponent of the doctrine of laissez faire.

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Definitions:

Ethical Principle

Fundamental guidelines that dictate the conduct of individuals and organizations, often used to determine what is right or wrong in various situations.

Debriefing Procedure

A process following a research study or mission where participants or team members are systematically informed about the study's purpose, procedures, and findings.

Informed Consent

A process ensuring that a participant is fully aware of all aspects of a procedure or experiment, including potential risks and benefits, before agreeing to participate.

Psychological Research

The systematic study of behavior, brain function, and mental processes through experiments and observation.