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10 October, 01:05

Adam Smith believed that fair prices for goods are determined in a capitalist system

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  1. 10 October, 01:13
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    Adam Smith was an earlier capitalist philosopher who believed in the strength of the free market and the ability for optimum and fair prices for goods to be determined by a free market. With the ability to buy and sell goods freely, the market would determine the best price according to Adam Smith.
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