Moorhouse741
Answered

Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

According to Adam Smith and other classical economists, why is the economic theory supporting market economies (or capitalism) much more realistic than theories supporting command economies

Sagot :

According to Adam Smith and other classical economists, the economic theory supporting market economies makes far more sense because only people can truly decide what they want and will therefore purchase. The government can't possible guess accurately.
We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.