The free market system was espoused by _____ in his book The Wealth of Nations.
A) Joseph Smith
B) Eli Whitney
C) Benjamin Franklin
D) Adam Smith
Correct Answer:
Verified
Q43: Generally speaking,economic systems can be divided into
Q44: Supply is the quantity of a product
Q45: Among free market theorists,the principle of laissez-faire
Q46: _ not only provide factors of production
Q47: _ allocates the goods and services produced
Q49: Demand is the quantity of product that
Q50: Under a socialist economic system,the government owns
Q51: The term laissez-faire means that:
A)the government should
Q52: Among free market theorists,the principle of laissez-faire
Q53: As factors of production -- equipment,buildings,vehicles,and cash
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