Which of the following statements is true of Smith's doctrine of natural liberty?
A)The self-interest of human beings is the government's providence.
B)People should be allowed to pursue what is in their economic self-interest.
C)An individual's inner character is the main focus of this ethical concept.
D)The character of an act is the main focus of this ethical concept.

Question

Which of the following statements is true of Smith's doctrine of natural liberty?​
A)​The self-interest of human beings is the government's providence.
B)People should be allowed to pursue what is in their economic self-interest.​
C)An individual's inner character is the main focus of this ethical concept.​
D)The character of an act is the main focus of this ethical concept.​

Quizplus · Accepted Answer

Smith's doctrine of natural liberty emphasizes that people should be free to pursue their economic self-interest without interference from the government. This idea is reflected in his famous statement, "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest." The focus is on economic self-interest, not individual character or the character of specific acts.

Which of the Following Statements Is True of Smith's Doctrine