Adam Smith, in his book, The Wealth of Nations, advocated:
A) socialism.
B) mercantilism.
C) laissez-faire capitalism.
D) government intervention into the economy to control people's self-interest.
Correct Answer:
Verified
Q115: Mercantilism:
A) placed the interests of the state
Q116: The economic system where the interests of
Q117: Laissez-faire capitalism:
A) is concerned with placing the
Q118: According to the invisible hand doctrine:
A) only
Q119: An assumption of laissez-faire capitalism is that
Q121: The invisible hand doctrine is most closely
Q122: The British Industrial Revolution:
A) was an era
Q123: The British Industrial Revolution was marked by:
A)
Q124: The "dark side"of the Industrial Revolution included
Q125: The poem, "The Factory Girl's Last Day,"in
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