Reduced government interference in the economy
Smith's commercial theory, particularly his contempt for administration interference in the economy, persisted extremely prominent during the 19th and early 20th centuries. He believes that when governments intervene with this method, undesired deficiencies and overabundance can happen. He favors the Laissez-faire theories, such as lessening the role of government interference and assessment in the free markets, and the belief that an "invisible hand" supervises accumulation and interest are among the fundamental concepts which Smith's writing proposes.