Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Which element is most closely associated with Adam Smith’s capitalism? A. The creation of government-funded industries
B. The establishment of strong economic regulations
C. The protection of workers’ rights to form labor union
D. Limits on the government’s role in economies
The correct answer is:
D. Limits on the government’s role in economies.
Adam Smith is often referred to as the father of capitalism, and he advocated for minimal government intervention in the economy, emphasizing the benefits of free markets and the “invisible hand” that directs resources efficiently when individuals pursue their own self-interest.