Question

4.Which of the following characterizes the economic system favored by Adam Smith?

A. Profit is not the main goal of business.


B. Supply and demand regulate business.


THESE ARE THE ONLY OPTIONS I WAS GIVEN PLEASE SELECT FROM A OR B ONLY!!!!!

Answer 1

Adam Smith favored supply and demand to regulate the businesses because of how much it helped the economy.

So your answer would be B. Supply and demand regulate business.



I hope this helps!!!!!!!!