Question

Adam Smith said that the free market economy is regulated by. A.competition and government intervention. B.self-interest and government intervention. C.self-interest and competition. D.competition and cultural traditions.

Answer 1

Adam smith said that the free market economy is regulated by  : C. Self interest and competition

In free market economy, all economic activities that happen purely based on the the amount of supply and demand. Self interest such as what products you desire, how much price you can afford it will affect the amount of demand, and competition between sellers will affect the price and the amount of supply

hope this helps

Answer 2

C. self-interest and competition