Ask Question
3 June, 09:36

The idea that only the government can organize economic activity in a way that promotes economic well-being fora country as a whole

a. is a basic principle regarding individual decisionmaking.

b. amounts to a denial of one of the basic principles regarding interactions among people.

c. supports the idea that the "invisible hand" should guide economic activity.

d. was promoted by the economist Adam Smith in a well-known 1776 book.

+4
Answers (1)
  1. 3 June, 09:46
    0
    The correct option is b

    amounts to a denial of one of the basic principles regarding interactions among people.

    Explanation:

    That will greatly affect the economy if Government only organise economic activities, it will denial the basic principles regarding the interaction among the people. Therefore option b is the right option.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The idea that only the government can organize economic activity in a way that promotes economic well-being fora country as a whole a. is a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers