Adam Smith argued that the creation of wealth is a proper concern of government. Group of answer choices True False

Question

Social Studies

Abbie Hicks

23 November, 00:41

Adam Smith argued that the creation of wealth is a proper concern of government. Group of answer choices True False

+4

Answers (1)

Know the Answer?

Jon Herman · Answer 1

The answer is False

He argued that the creation of wealth is a concern of private individuals and not the government.

Adam Smith became one of the leading theorists of economic liberalism. His main theory was based on the idea that there should be complete economic freedom for private initiative to develop, without State intervention.