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What Aspects of Adam Smith's Perspective on Economic Growth Do

Question 58

Multiple Choice

What aspects of Adam Smith's perspective on economic growth do today's neoliberal privatization programs build on?


A) Smith's belief in increased governmental control of the market is in opposition to privatization.
B) Smith argued for unfettered competition in the market and called for government assistance to ensure this result.
C) Smith's belief in laissez-faire-"leave it alone"-economics calls for a free market.
D) Smith supported the idea of colonialism and felt that governments were best suited to implement privatization.

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