Answer:
...“The father of modern economics supported a limited role for government. Mark Skousen writes in "The Making of Modern Economics", Adam Smith believed that, "Government should limit its activities to administer justice, enforcing private property rights, and defending the nation against aggression." The point is that the farther a government gets away from this limited role, the more that government strays from the ideal path... How this issue is handled will decide whether the country can more closely follow Adam Smith's prescription for growth and wealth creation or move farther away from it.”
Jacob Viner addressed the laissez-faire attribution to Adam Smith in 1928...
Here is a list of appropriate activities for government, which goes way, way beyond Mark Skousen’s extremely limited – and vague – 'ideal' government. That ... he goes on to attribute his ‘ideal’ list to Adam Smith ... is not alright.In fact, its downright deceitful, for which there is no excuse of ignorance (before attributing the limited ideal to Adam Smith we assume, as scholars must, that Skousen read Wealth Of Nations and noted what Smith actually identified as the appropriate roles of government in the mid-18th century).
Answer:
In any regard, supporters of <em>laissez-faire </em>governmental policies were often advocates for the "free market". They would suggest that federal or state involvement in business would stagnate and decelerate the growth of the economy. The "invisible hand" of the market does not actually exist, but this argument would be made in order to support the assertion that government involvement was not required. In reality, significant economic downfalls of the past could have been avoided, had the governments of "unregulated business" nations played a more active role. Claims such as these were made for the purpose of promoting a self-sustaining economy, even when such a thing cannot coexist with financial disparity.
I hope this helped you understand the motives behind <em>laissez-faire </em> business and government policies. Blessings to you.
Answer: B. Internet connection speed
Internet speeds vary for many reasons and they won't have an impact on whether a source is credible or not. Instead, you should look at the domain name, the website name, the author, etc to check credibility. You should also get as many sources as you can to back up a claim.
Circle ,navigation,geometry,shapes
