Adam Smith believed the government’s role in laissez-faire capitalism was

2 answers:

n200080 [17]3 years ago

8 0

Adam Smith believed the government’s role in laissez-faire capitalism was "<span>to leave the economy alone," since Smith believed in the "invisible hand of the market," that would regulate itself.</span>

igomit [66]3 years ago

7 0

Answer

to leave the economy alone.

Explanation

Laissez-faire it was a belief that when the the government lets the business and the economy to be independent without by any chance interfering with them this would be best. This idea was raised by economic philosopher Adam Smith where by he proposed that the government should minimize intervention and then interms of taxation it make it free.His aim was to make sure that the economy is in equilibrium.So Adam Smith believed the government’s role in laissez-faire capitalism was to leave the economy alone.

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the British influence was predominant in such areas as language, law, culture, religion, and the basic ideas of self-government

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