Adam Smith believed a strong powerful central government is a pre-condiditon for a smoothly functioning economy that produces a high standard of living for its citizens. True or false

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18-09-2022
Social Studies

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Adam Smith believed a strong powerful central government is a pre-condiditon for a smoothly functioning economy that produces a high standard of living for its citizens. True or false

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Parrain Parrain · Answer 1 · 2022-09-21T13:27:18+02:00

The statement that Adam Smith believed that a strong powerful central government was necessary for a smoothly functioning economy is FALSE.

What did Adam Smith believe?

Adam Smith was a believer in the limited role of the government in the economy and in the lives of the people.

He believed that a government should not be too powerful but should only exist to guarantee the economic environment.

Adam Smith believed that if a strong powerful central government was in control of a nation, they would only make the economy worse instead of being smoothly functioning.

He therefore did not believe in a strong powerful central government which makes this statement False.

Find out more on Adam Smith at https://brainly.com/question/3986852

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