Question

How did Adam Smith’s ideas influence the Enlightenment? A. They prevented governments from enacting free trade policies, weakening global economies. B. They were impractical because they gave no clear direction about the moral goals of an economy. C. They promoted the idea of a free market, which helped strengthen the global economy. D. They helped set up new businesses with the assistance of the government.

Answer 1

The answer is: C. They promoted the idea of a free market, which helped strengthen the global economy.

Widely known for being a major proponent of the laissez-faire (French for let do) economic stance in which, he stated that the best way to stimulate the economy was through a market that was free and self-regulated by the concepts of competition, supply, and demand.