The correct answer is the following:
Thinkers and their ideas:
- Adam Smith: Stated that the "invisible hand" of the market would benefit both producers and consumers. Stressed the idea that a free market needs to function without government interference.
- Thomas Malthus: Predicted that population growth would far exceed the food supply. Suggested that if poor families had fewer children, the food supply would meet the needs of the population.
- Robert Owen: proposed a society where workers are treated fairly and children are taught to read and write. Focused on providing education to children instead of letting them work in factories.