What was the central idea of Adam Smith's writings?
A)Adam Smith thought mercantilism was the key to national wealth.
B)He suggested that absolutely no government interference with business was optimal.
C)Adam Smith advocated for more education for the consumer.
D)He supported as little government intervention in business as possible.
E)He wanted an increase in the variety of goods and services available to the public.

Question

Quizplus · Accepted Answer

Adam Smith, in his seminal work "The Wealth of Nations," argued for the principle of the "invisible hand" and the benefits of free-market capitalism, suggesting that economic prosperity and efficiency are best achieved with minimal government intervention in business.

What Was the Central Idea of Adam Smith's Writings