The correct answer is D. A free market would benefit consumers as well as producers
Explanation:
Adam Smiths was an important Scottish theorist and economist mainly known for purposing theories and key concepts about capitalism. Indeed, his ideas about this economic model were so relevant that is now known as the "father of capitalism". Smiths' theory include ideas such as the division of labor in which steps in manufacture are divided by groups or individuals. Also, Adam Smiths promotes the idea of a free market because if everyone can participate in the market through supply and demand, the economy self-regulates, and both consumers and produces are benefited. Also, the natural competence between producers benefits society. Thus, the statement that is true about Adam Smiths theories is "A free market would benefit consumers as well as producers"
