Adam Smith argues in the Wealth of Nations that an economy will produce more goods and services if:

Question

Quizplus · Accepted Answer

Adam Smith believed that a market economy driven by self-interest and competition would lead to greater efficiency and productivity than a centrally planned economy directed by the government. He argued that individuals pursuing their own self-interest in a free market would create incentives for innovation, specialization, and trade, which would ultimately increase the overall wealth of the nation. Thus, choice B is the best answer.

Adam Smith Argues in the Wealth of Nations That an Economy