According to Adam Smith, under laissez-faire capitalism, each person should be allowed to work toward his or her own economic gain without government interference.

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This is a central tenet of Adam Smith's philosophy in The Wealth of Nations. Smith argued that the pursuit of self-interest by individuals in a free market would ultimately result in the greatest prosperity for society as a whole. He believed that government intervention should be minimal and limited to protecting property rights and enforcing the rule of law.

According to Adam Smith, Under Laissez-Faire Capitalism, Each Person Should