asked 3.3k views
5 votes
Explain how adam smith ideas are evident in the workings of the american economy.

asked
User Adabru
by
8.0k points

1 Answer

1 vote

Laissez-faire philosophies, such as minimizing the role of government intervention and taxation in the free markets, and the idea that an "invisible hand" guides supply and demand are among the key ideas Smith's writing is responsible for promoting.

thanx be strong heyaaa


answered
User Mootymoots
by
7.8k points

Related questions

2 answers
4 votes
197k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.