Adam Smith advocated laissez-faire because he believed it was in the interest of:
A) capitalists, whom he regarded as the most dynamic and progressive element in society.
B) the proletariat, who would receive higher wages.
C) the government, which would profit from higher taxes.
D) society as a whole.
Correct Answer:
Verified
Q121: A primary goal of the World Bank
Q122: The Marxist critique of capitalism was based
Q123: In feudalism, serfdom was maintained primarily through:
A)
Q124: The two economic groups competing for power
Q125: Which of the following organizations works with
Q127: Which of the following was a Marxist
Q128: Which of the following is an international
Q129: Mercantilism was a system in which all
Q130: Welfare capitalism is an economic system in
Q131: A primary goal of the International Monetary
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents