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Alex17521 [72]
2 years ago
14

How was Adam Smith's position about the necessity of free trade and free markets different from how many national economies oper

ated during this period?
History
1 answer:
goblinko [34]2 years ago
4 0

Smith argued that by giving everyone freedom to produce and exchange goods as they pleased (free trade) and opening the markets up to domestic and foreign competition, people's natural self-interest would promote greater prosperity than with stringent government regulations.

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