Question

Answer ASAP!

1: __________ are characterized by the unregulated exchange of goods and services.

Mercantilist economies

Command economies

Market economies

Traditional economies


2: What is Adam Smith best known for?


A: writing the Wealth of Nations

B: writing the Communist Manifesto

C: organizing the North American Free Trade Agreement

D: fighting with the physiocrats


3: Supporters of laissez-faire economics feel that the government should take an active role in regulating the economy.

True
False

Answer 1

First one is A. Second one is A. And, False.

Answer 2

Thanks!