Question

What is TRUE about Adam Smith regarding the role of felf-interest, private property, the role of government, and competition in the economy? Select the THREE that apply.
Adam Smith was in favor of competition in the economy.
Adam Smith supported government involvement in the economy.
C
Adam Smith supported the idea of private property in the economy
Adam Smith was against the idea of private property in the economy
Active

Answer 1

Answer:

-Adam Smith supported government involvement in the economy.

-Adam Smith was in favor of competition in the economy.

-Adam Smith supported the idea of private property in the economy.

Explanation: