2. Adam Smith's idea of a free market economy proposes that

1) the government should be allowed to control trade.

2) businesses should be allowed to run without government interference.

3) the stronger the government, the more stable the economy.

4) businesses should share their products freely to promote an equal society.

Question

History

Raymond Paul

6 November, 14:00

2. Adam Smith's idea of a free market economy proposes that

1) the government should be allowed to control trade.

2) businesses should be allowed to run without government interference.

3) the stronger the government, the more stable the economy.

4) businesses should share their products freely to promote an equal society.

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Answers (2)

Know the Answer?

Payton Lutz · Answer 1

businesses should be allowed to run without government interference

Litzy Mclean · Answer 2

2) businesses should be allowed to run without government interference

Explanation:

Adam Smith was a supporter of the free market economy. He suggested that in this type of economy the government should not interfere with the businesses, but instead, the businesses should be free to decide what to produce and how much to produce, with the consumers deciding The role of the government in this type of economy should only be to set proper conditions for the businesses, to enable free but fair competition, and to assure that everything is legal.