Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

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

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

Sagot :

GinnyAnswer

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


Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.