Question

5.
Classical economist advocated the government to involve in
(a) All the activities of the economy (b) Only in most essential activities
(c) Selective economic and political (d) None of these
activities​

Answer 1

Classical economists advocated the government to involve in only in most essential activities.

Explanation:

• Classical economists are those who have studied classical economics.
• The classical economists think that the market prices go up and down at times but they always adjust through the supply and demand chain.
• The market is based on the self-regulating process.
• Therefore the economists always advocate an approach that is suitable for the economy such as the laissez-faire approach.

Answer 2

Answer:

(b) only in most essential activities

Explanation:

these one is right answer