Nelson Mandela made many changes to South African society, most notably by transitioning the country away from the racist policy of apartheid. Apartheid was a government policy that kept white Afrikaners in South Africa at the top of politics and business while limiting the rights of black citizens. As the first post-apartheid president, Nelson Mandela created a diverse society in which every citizen is equal before the law.
Smith argued that by giving everyone freedom to produce and exchange goods as they pleased (free trade) and opening the markets up to domestic and foreign competition, people's natural self-interest would promote greater prosperity than with stringent government regulations.
