1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ololo11 [35]
3 years ago
8

Describe two roles of government intervention that Adam Smith conceded were necessary in their approach to the economy.

History
2 answers:
Mnenie [13.5K]3 years ago
7 0

Adam Smith is considered the founder of modern economics. He stated that the economic is guided by an invisible hand and that governments should interfere less in some areas of the economic to make it more efficient. He specified that government intervention could be best used in these areas.

1) The creation of social security regulations and also provide national defense to protect the society and all citizens from all the violence and invasions or attack forces from other societies. These of course,  is what every society  from every country would like to have.

2)  The government should establish an exact administration of justice in the context of order and law. These refers to have a court system to apply the right justice for all citizens of a society in an equal manner.  

melisa1 [442]3 years ago
3 0

For Adam Smith, two important roles that all government must fulfill are:

1) Create institutions that guarantee the safety of citizens as well as justice and respect for their civil rights.

2) Make trade easier by creating public infrastructure and means of communication and transportation.

You might be interested in
Which European country established colonial rule in parts of South America?
zysi [14]
The answer is B. Portugal


That is the reason why Brazilians speak Portuguese and not Spanish like the rest of Latin American countries.
8 0
3 years ago
Read 2 more answers
As Emperor did hongwu punish officials that he suspected of treason ​
katrin2010 [14]
Finally, in 1380, Hongwu had Hu and his entire family arrested and executed on charges of treason. Using this as an opportunity to purge his government, the emperor also ordered the execution of countless other officials, as well as their families, for associating with Hu.
7 0
3 years ago
True or false the thirteen states argued about tariffs and boundaries
kramer
Yes the thirteen states argued about tariffs and boundaries . So the answer would be true
8 0
3 years ago
Read 2 more answers
The role of data analysis in the scientific method?
AnnyKZ [126]
To go over everything and see your results.
4 0
3 years ago
Read 2 more answers
The word whereas is a conjunction that means “while on the contrary”. Explain whether the conjunction is used correctly in this
GarryVolchara [31]

Answer:

This use of "whereas" is not correct. Instead of using the term to contrast multiple situations, it is used to compare.

Explanation:

8 0
3 years ago
Other questions:
  • Which statement best expresses the central idea in the article "Proposed Treatment to Fix Genetic Diseases Raises Ethical Issues
    14·1 answer
  • What is the name for an election that lets citizens remove and replace a government official before that official’s term of offi
    12·1 answer
  • PLEASE ASAP !!
    10·1 answer
  • What did President Johnson do that stunned political backers after he took office?
    9·1 answer
  • PLEASE HELP ME!!! which of the following represented an important economic change that took place during the renaissance? a) feu
    5·2 answers
  • How did Shays Rebellion change peoples opinions about the Articles of Confederation?
    10·2 answers
  • Give me 5 facts for oligarchy
    12·1 answer
  • Exploration of Antarctica’s interior did not begin until _____.
    13·1 answer
  • Why do you think Great Britain followed a policy of "salutary neglect" in its relationship with the American colonies in the yea
    8·1 answer
  • 4) pweeeeeeeesssss help
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!