Question

Match

1.)Less government intervention gives
people more economic freedom.
2.)Government should not control the
money supply.
3.)Government intervention is necessary
for stability.
4.)Competition is a regulatory force.
A.) Adam Smith
B.)Friedrich Von Hayek
C.)John Maynard Keyness
D.) Milton Friedrich

Answer 1

b goes to 1, d goes to 2, c goes to 3 and a goes to 4

Step-by-step explanation:

Answer 2

A. Adam Smith, Father of Modern Economics," believed that competition is a regulatory force. He argues that keeps self-interest at bay by restraining the ability to take advantage of consumers.

B. Friedrich Von Hayek, often called F.A. Hayek, believed that less government intervention gives people more economic freedom. He wrote about it in his pamphlet, "Economic Freedom and Representative Government."

C. John Maynard Keyness, according to Keynesian economics, one of the tenets of this school of thought is that government intervention is necessary for stability.

D. Milton Friedman (not Friedrich), said that the government's role in the role should be restricted. The government should not control the money supply.