Adam Smith advocated for government control of the economy. A) True B) False

Understand the Problem

The question is asking whether Adam Smith, a prominent economist, supported government control of the economy, which is a true or false statement about his economic theories.

More Information

Adam Smith, a key figure in economics, is best known for his advocacy of laissez-faire economics, suggesting that minimal government intervention is preferable for economic prosperity.

Tips

A common mistake is to assume that all economists favor government control, but Smith is notable for supporting free markets.

Sources

• The web page with info on - Example Source - brainly.com