Ask Question
HistoryHistory
16 June, 14:12

2. Adam Smith's idea of a free market economy proposes that

1) the government should be allowed to control trade.

2) businesses should be allowed to run without government interference.

3) the stronger the government, the more stable the economy.

4) businesses should share their products freely to promote an equal society.

+1
Answers (2)
  1. 16 June, 14:15
    0
    2) businesses should be allowed to run without government interference

    Explanation:

    Adam Smith was a supporter of the free market economy. He suggested that in this type of economy the government should not interfere with the businesses, but instead, the businesses should be free to decide what to produce and how much to produce, with the consumers deciding The role of the government in this type of economy should only be to set proper conditions for the businesses, to enable free but fair competition, and to assure that everything is legal.
  2. 16 June, 14:37
    0
    businesses should be allowed to run without government interference
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “2. Adam Smith's idea of a free market economy proposes that 1) the government should be allowed to control trade. 2) businesses should be ...” 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
You Might be Interested in
Once the supreme court rules on the meaning of a section of the constitution, it can never be changed or modified that ruling. true or false
Answers (1)
France and Britain responded to the Emancipation Proclamation by
Answers (1)
In one paragraph, describe how you think schools should handle student content posted on the internet? When should the school be able to censor what a student puts online? When should they not be able to get involved?
Answers (1)
Not all Asian countries were interested in Western [European] influences or trade. Which one of the following countries did allow European influence? England China India Japan
Answers (1)
What is a non example of the word migrate?
Answers (1)
New Questions in History
What rap group was the first to create gangsta rap?
Answers (1)
When was FED created?
Answers (1)
What was the original purpose of the Bill of Rights? A. To give people their natural rights B. To restrict the power or the national government C. To restrict the power or the national and state government D. To give power to the national government
Answers (1)
Which of the following describes a major achievement of the mongol empire? A. it oversaw a thriving economy despite having little interest in supporting trade B. it became the first foreign country to rule over all of china C.
Answers (2)
Which description of sisters Sarah and Angelina Grimké is accurate? A. They were mill workers who organized the first textile employees' union. B. They were Quakers who left the South to publicize the evils of slavery. C.
Answers (2)
Home » History » 2. Adam Smith's idea of a free market economy proposes that 1) the government should be allowed to control trade. 2) businesses should be allowed to run without government interference. 3) the stronger the government, the more stable the economy.
Sign Up Forgot Password?