In his most famous work, Wealth of Nations, Adam Smith discusses how the economy benefits tremendously when individuals focusing on self interest rather than the general interest of society.
The idea of self-interest revolves around an individual making a decision based on what is best for them on an individual basis. Smith argues that this is the most beneficial method because individuals would focus on making as many goods as possible to sell. This would benefit society as a whole, as there would be enough resources for everyone
. Along with this, focusing on your own financial gain will inadvertently help everyone. In order to have a successful business, you must keep your prices competitive. These competitive prices allow the business owner to have success while also giving the best deal to the consumer.
Answer:
A. limited Government
Explanation:
The US Constitution defines the powers of each branch of government and its limitations. It also institute checks and balances to avoid abuses by one branch. The inclusion of an article that gives people the right to have a trial by jury is a measure of legal protection of citizens against the possibility of unfair trial; it imposes a limitation on the power of the judicial branch, on the power of judges. It is also justified historically; trials without a jury were one of the motives of deep disatisfaction of the American colonists under British royal rule.
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