Question

question 5 of 24
which of the following elements is most closely associated with adam smiths theory of capitalism?
a. the establishment of strong economic regulations
b. the protection of workers union rights
c. the creation of government - funded industries
d. limits on the governments role in economies

Explanation:

Adam Smith advocated for laissez - faire economics, which emphasizes minimal government intervention in the economy. He believed that the 'invisible hand' of the market would regulate economic activities more efficiently than government regulations. Options A, B, and C involve more government involvement, while option D aligns with his view of limited government role in economies.

Answer:

D. Limits on the government’s role in economies