A free-market economy works well only without the government’s interference.
Adam Smith's theories are the basis for free-market capitalism and is the model of early capitalistic systems.
The Wealth of Nations lays out the economic theory of capitalism based on a free-market. As Adam Smith describes a free-market, the government should not interfere or regulate trade for the best results. When the government keeps their hands off the economy, large amounts of wealth can be earned and new businesses can grow with private investment and competition. Gilded Age capitalism is an example of free-market without government regulation. It produced unbridled wealth but also a large gap in social classes. Smith argues that is a necessary consequence to create motivation and competition.
45? This question is a little confusing
Assuming that this is referring to the same map that was posted before with this question, the correct response is "<span>(4) Steel factories relocated from the Great Lakes region to the Rocky Mountain states."</span>
The map shows that part of the US that existed following the passage of the Ku Klux Klan Act 1871.
<h3>What was the Ku Klux Klan Act 1871</h3>
The Ku Klux Klan Act 1871 was done to enforce the 14th amendment to the United States by the congress.
This act was done in order to eliminate the violence that was done on the people of the black race in the United States.
Read more on the Ku Klux Klan Act 1871 here:brainly.com/question/10452982
