Question

How does Smith's view of the economy expressed in this excerpt compare to Owen's? A.Both believe individuals acting in their self-interest will lead to economic equality./ B. Both believe individuals acting in their self-interest will lead to economic inequality. / C.Smith believes individuals acting in their self-interest will lead to the maximum social benefit, while Owens does not. /D. Owens believes individuals acting in their self-interest will lead to the maximum social benefit, while Smith does not.

Answer 1

It is C Source: www.econ.upd.edu.ph/dp/index.php/dp/article/viewFile/15/12

Answer 2

C. Smith believes individuals acting in their self-interest will lead to the maximum social benefit, while Owens does not.

Step-by-step explanation:

The "Owen" alluded to in the inquiry must be Robert Owen, who proposed making idealistic communist collectives as the answer for the social issues inborn to Adam Smith's free enterprise private enterprise.