Ask Question
15 July, 17:38

What were Adam Smith's three natural laws of economics?

+5
Answers (1)
  1. 15 July, 20:02
    0
    1) its the law of self - interest. - people work for their own good

    2) tis the law of competition - competition forces people to make a better product

    3) tis the law of supply and demand - enough goods would be produced or supplied at the lowest possible price to meet the demand in a market economy.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What were Adam Smith's three natural laws of economics? ...” in 📘 History 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