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SIZIF [17.4K]
3 years ago
12

Adam Smith's Theory on how the economy should function is the bases of

Social Studies
1 answer:
aleksandr82 [10.1K]3 years ago
4 0

Answer:

A market system is the answer

Explanation:

Smith is most famous for his 1776 book, "The Wealth of Nations." Smith's ideas–the importance of free markets, assembly-line production methods, and gross domestic product (GDP)–formed the basis for theories of classical economics.

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