How did Adam Smith’s ideas influence the Enlightenment? A. They prevented governments from enacting free trade policies, weakening global economies. B. They were impractical because they gave no clear direction about the moral goals of an economy. C. They promoted the idea of a free market, which helped strengthen the global economy. D. They helped set up new businesses with the assistance of the government.
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Answer:
They were impractical because they gave no clear direction about the moral goals of an economy. C. They promoted ...
Answer:
Step-by-step explanation:
Adam Smith is considered to be the key figure of the Scottish Enlightenment, economist, philosopher and author, the pioneer of political econony, laid the foundations of the free market economic theory, also known as the "Father of Economy". One of his most famous works is "Wealth of Nations". The key ideas of this work are the economic free market program, where everyone has the opportunity based on the division of labor, the achievement of wealth and prosperity growth. Also, the key ideas were to minimize the role of government intervention and taxation on free markets, as well as the idea of an invisible hand that leads supply and demand. It can be said that Smith laid the foundations of a modern economy.
The answer is: C