Statement I: We have faithfully followed Adam Smith's description of the government's economic role.
Statement II: The U.S.government's role has grown smaller over the last 70 years.

Question

Quizplus · Accepted Answer

Adam Smith advocated for a limited government role, primarily to enforce contracts and protect property rights, but the U.S. government's role in the economy has significantly expanded over the last 70 years, not shrunk, involving regulations, social welfare programs, and more.

Statement I: We Have Faithfully Followed Adam Smith's Description of the Government's