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Adam Smith applied Enlightenment ideas of reason to his economic philosophy of laissez-faire and a free market economy. Which statement below best explains his concept of natural law in the government’s role in the economic lives of its citizens?

A- The government should control trade.
B- High taxes for the poor and low taxes for the rich.
C- The government stays out of business regulation to let the people operate as they please.
D- Agriculture based on tenant farming and serfdom.

User Yrahman
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2 Answers

2 votes

Answer:

C- The government stays out of business regulation to let the people operate as they please.

Explanation: i just did the quiz and got 5/5 when i pick that one

User MD Iyasin Arafat
by
8.5k points
3 votes

it's C-The government stays out of business regulation to let the people operate as they please.

User AtinSkrita
by
7.9k points
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