Which of the following statements would a follower of Adam Smith most likely make?
A) The federal government should use its ability to spend and tax to guide the decisions of businesses and consumers.
B) The federal government puts too much emphasis on economic growth instead of aiding in social issues.
C) The federal government should help in alleviating overpopulation.
D) The federal government should give people the freedom to follow their own interests; theoretically their efforts will lead to economic growth that benefits society as a whole.

Question

Quizplus · Accepted Answer

Adam Smith believed that self-interest could motivate people to work hard and start businesses that created jobs and wealth that benefited society as a whole. This was a basic message of Smith's famous invisible hand principle.

Which of the Following Statements Would a Follower of Adam