________ behavioural assumption about humans was that people usually act in a rational, self-interested way.
A)Thomas Malthus's
B)Adam Smith's
C)Karl Marx's
D)Janet Yellen's

Question

Quizplus · Accepted Answer

Adam Smith is famous for his foundational book "The Wealth of Nations," in which he presents the idea that individuals acting in their own self-interest can lead to economic prosperity. This idea is based on the assumption that people behave rationally and seek to maximize their own satisfaction or utility.

________ Behavioural Assumption About Humans Was That People Usually Act