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During an economic downturn, Adam Smith would likely advocate for abolition of the government altogether allowing the “invisible hand of the market” to regulate the economy government seizing total control
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Dec 7, 2016
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During an economic downturn, Adam Smith would likely advocate for
abolition of the government altogether
allowing the “invisible hand of the market” to regulate the economy
government seizing total control of the economy
increased government spending to stimulate the economy
History
high-school
Wim Ten Brink
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Wim Ten Brink
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During an economic downturn, Adam Smith would likely advocate for "
allowing the “invisible hand of the market” to regulate the economy," although he also knew that some government intervention was necessary.
Leyo R
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Dec 11, 2016
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Leyo R
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