Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

What did Adam Smith think the government should do with markets?

Sagot :

Answer:

he thought they should leave the economy alone and not interfere with "the natural course" of free market and trade

Answer:

We know Adam Smith today as the father of laissez faire ("to leave alone") economics. This is the idea that government should leave the economy alone and not interfere with the "natural course" of free markets and free trade.