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mindahun admassu
on Oct 13, 2024

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Adam Smith believed that people are guided by

A) the principle "let your conscience be your guide."
B) greed.
C) the public good.
D) an innate sense of fairness.

Innate Sense

An inherent or natural ability, perception, or understanding.

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his theory of the benefits of a free market economy.

Public Good

A service or product offered for free to every member of a society, made available by either governmental entities or private organizations without aiming for financial gain.

  • Comprehend Adam Smith's theories on self-interest and the invisible hand in economics.
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samuel salazarOct 16, 2024
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