Why does Adam Smith believe in the concept of laissez-faire?

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asked Jun 4, 2023 180k views

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Adamarla · Answer 1 · 2023-06-07T11:00:48+0000

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Step-by-step explanation:

The laissez-faire theory mainly advocates government non-intervention. Economic theorist Adam Smith believed that the optimal functioning of markets needed minimal government intervention.

James Cotter · Answer 2 · 2023-06-11T04:58:22+0000

Answer:

The laissez-faire theory mainly advocates government non-intervention. Economic theorist Adam Smith believed that the optimal functioning of markets needed minimal government intervention.

Why does Adam Smith believe in the concept of laissez-faire?

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