Ask Question
16 November, 17:03

What were Adam Smith's 3 natural laws of economics?

+5
Answers (1)
  1. 16 November, 17:21
    0
    1) The law of self interest - when people work for themselves and their own good

    2) The law of competition - people make better products because of competition

    3) The law of supply and demand - enough goods would be produced or supplied at the lowest price to meet the demand in a market
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What were Adam Smith's 3 natural laws of economics? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers