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Many classical economists such as Adam Smith believed that government should

A.intervine often in the economy
B. Intervine little in the economy
C. Always intervine in the economy
D. Never intervine in the economy

2 Answers

5 votes

Answer:

B

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User Standage
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Answer: B. Intervine little in the economy


Adam Smith is also known as the father of Economics. He felt that the Government should not intervene much in the economy and also he felt the activities of the Government must be limited to administration of justice, enforcing private property rights and fighting and defending the nation against aggression.

User Jonathan Borges
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