Smith wrote that private ownership of the means of p... - Solved MCQs & Answer

3604EconomicsMedium

Smith wrote that private ownership of the means of production would?

Astifle economic growth as the markets would be flooded with merchandise

Bcreate abuse

Cstimulate government control

Dstimulate economic growth as each individual tried to maximize profits

Correct answer

D. stimulate economic growth as each individual tried to maximize profits

Explanation

The correct answer is stimulate economic growth as each individual tried to maximize profits.

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