Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

The theory proposed by Adam Smith would most likely support which type of economy?

A. Command
B. Free Enterprise
C. Traditional
D. Mixed


Sagot :

Final answer:

Adam Smith's theory aligns with a Free Enterprise economy based on individual economic freedom and private ownership of production.


Explanation:

Adam Smith's theory would most likely support a Free Enterprise economy. Free Enterprise, also known as Capitalism, is centered on private ownership of the means of production and individual economic freedom. This aligns with Adam Smith's ideas of the Invisible Hand guiding markets towards efficiency.


Learn more about Economics here:

https://brainly.com/question/14787713