The market's encouragement of self-control or self-regulation because humans required functioning relationships with other people was referred to by Adam Smith as
A)invisible hand
B)self-command
C)commercial society
D)moral sentiment

Question

Quizplus · Accepted Answer

The correct answer is D: moral sentiment. Adam Smith believed that the market encouraged self-control or self-regulation because humans required functioning relationships with other people. He argued that this was because people needed to be able to trust each other in order to trade and cooperate.

The Market's Encouragement of Self-Control or Self-Regulation Because Humans Required