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

User Arthur Lacoste
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17 votes

Answer:

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.

User John Lima
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18 votes
18 votes

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.

User Rin
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