The economic theory that was originally focused on how the interests and values of individuals relate to larger societal goals is the ______ economic theory.

Question

Quizplus · Accepted Answer

Classical economic theory, originating with economists like Adam Smith, David Ricardo, and John Stuart Mill, focuses on the role of individuals in the economy and how their efforts and self-interest contribute to societal goals, such as economic growth and the efficient allocation of resources.

The Economic Theory That Was Originally Focused on How the Interests