Question

Read the quotation by Ralph Waldo Emerson. Which of Adam Smith’s ideals are reflected in the quotation from Emerson? Greater competition will benefit the consumer. Private ownership is the basis for success. Government should not play a role in the free market. Only industrious people should have access to capital.

Answer 1

Answer:

C.

Explanation:

In the quotation, it says "The basis of political economy is non-interference." Saying that the government shouldn't interfere with the economy.

Answer 2

Answer:

C _ Government should not play a role in the free market.

Explanation:

The basis of political economy is non-interference.