How are today's privatization programs,often associated with neoliberalism,an unsurprising result of Adam Smith's perspective on economic growth?

Question

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Adam Smith's perspective on economic growth focused on laissez-faire economics, which calls for a free market that is not controlled by the government. This ideology supports the idea that the market should be private, and therefore privatization programs, which transfer ownership or control of public assets to private entities, align with Smith's perspective. Neoliberalism, which emphasizes free-market principles, also aligns with Smith's ideology. Therefore, the privatization programs associated with neoliberalism can be seen as an unsurprising result of Smith's perspective on economic growth. Option A is incorrect because Smith did not support increased governmental control of the market. Option B is incorrect because Smith did not call for government assistance to ensure competition. Option D is incorrect because while Smith supported colonialism, it is unrelated to his perspective on privatization.

How Are Today's Privatization Programs,often Associated with Neoliberalism,an Unsurprising Result