RMENDEZ16 RMENDEZ16
  • 18-04-2016
  • Social Studies
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Why did Adam Smith advise nations to allow their economies to remain as free as possible from government interference

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meerkat18
meerkat18 meerkat18
  • 21-04-2016
Adam Smith, the father of economics, believed that economies free from government interference would flourish more because of his theory of the Invisible Hand. The Invisible Hand is a concept that basically says that the market is able to regulate itself inspite of individual actions. People can still make a profit without the government's help.
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