vonzelldshae vonzelldshae
  • 12-01-2020
  • History
contestada

How is socialism fundamentally different from the economic philosophy promoted by Adam smith

Respuesta :

johnmattyz76
johnmattyz76 johnmattyz76
  • 14-06-2021

Answer:

Adam Smith's economic theory stated that markets worked best when left alone. In other words, free markets would regulate themselves through competition, supply and demand, and other factors. Socialism on the other hand states that free markets should not exist and instead the citizens should collectively own all property.

Explanation:

Answer Link

Otras preguntas

round 363 to the nearest tens and hundreds
if an atom has 35 protons, how many electrons will it have orbiting the nucleus
Which type of sentence asks a question and uses a question mark? A. declarative B. imperative C. nominative D. interrogative
What is 9,032 rounded to the nearest hundred?
how to round 1356 to the nearest ten,hundred and thousand
Germany’s invasion of which country started World War II?
What does it mean for a product of factors to be expressed using exponents
What is half of the fraction 3/4
9 times 10 to the fourth power
What is the value of the 5s in the number 15,573