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Damm [24]
4 years ago
8

According to Adam Smith and other classical economists, why is the economic theory supporting market economies (or capitalism) m

uch more realistic than theories supporting command economies
History
1 answer:
Crazy boy [7]4 years ago
4 0
Because Adam Smith and other classical economists take into account our natural predisposition for behavior and the way we also actually behave. While command economies are often handled on a much more theoretical level.
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I hope this helps, have a great day!

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