Which of the following statements best describes the economic theories of Adam Smith?
Government ought to answer most economic questions for citizens and corporations.

Private individuals and businesses ought to answer most economic questions for themselves.

Public and private entities ought to share the responsibility for answering economic questions.

The church and similar public institutions ought to answer most economic questions.

Question

Which of the following statements best describes the economic theories of Adam Smith?
Government ought to answer most economic questions for citizens and corporations. 

 Private individuals and businesses ought to answer most economic questions for themselves. 

 Public and private entities ought to share the responsibility for answering economic questions. 

 The church and similar public institutions ought to answer most economic questions.

anonymous · Answer

B.  Adam Smith posited that self interest would drive economic activity that automatically efficiently answers our economic questions