Question

which of the following accurately summarizes an idea of scottish enlightenment philosopher adam smith? economic markets will regulate themselves without government interference. economic markets need government regulation in order to function properly. people need a strong government to control selfish instincts. people should surrender some rights in return for security provided by government.

Answer 1

economic markets will regulate themselves without government interference

Step-by-step explanation:

I just took the test, this is correct ;)

Answer 2

The one that accurately summarizes the idea of Adam smith is : Economic markets will regulate themselves without government interference

His point of view is more commonly known as the Free Market Economy, in which the government will wash their hands of any other type of economic activities that happen within the country, and let it be controlled by the people themselves

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