bru2bru5
Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

The three main ideas behind capitalism as defined by Adam Smith are:

A. Free markets, laissez-faire, and fair taxes.
B. Competition, self-interest, and laissez-faire.
C. Laissez-faire, regulation, and self-interest.
D. Competition, free markets, and trade limits.

Sagot :

GinnyAnswer

Final answer:

Adam Smith's capitalist ideas revolve around competition, self-interest, and laissez-faire as key principles.


Explanation:

Adam Smith, a Scottish economist and philosopher, introduced capitalist ideas such as the importance of the division of labor and worker productivity in his book The Wealth of Nations. He emphasized competition, self-interest, and laissez-faire as fundamental aspects of capitalism. Smith believed that a free market system succeeds due to mutual self-interest, with the concept of 'the invisible hand' guiding economic activity.


Learn more about Capitalism here:

https://brainly.com/question/43290757


Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.