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Dimas [21]
3 years ago
8

They are themselves always, and without any exception, the greatest spendthrifts in the society. Let them look well after their

own expense, and they may safely trust private people with theirs."
Adam Smith statement would best support what economic concept in the US economy?

increase the nation’s wealth with Mercantilism

providing its citizens with public works

a nation has to be safe.

to protect the economic freedom of all of its citizens
Business
1 answer:
mojhsa [17]3 years ago
3 0

Answer: to protect the economic freedom of all of its citizens

Explanation:

The above quote by Adam Smith was him criticizing the common practice in those days of nations trying to control the spending habits of their citizens by passing restrictive laws and limiting the importation and production of certain goods and services.

It would therefore support the U.S. policy of protecting the economic freedom of her citizens such that they may trade whatever it is that they want - so long as it is legal - without restrictions by the government.

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