Question

Which economic thinker is correctly matched to the type of economy he supported? (3 points)
Smith — command
Keynes — market
Keynes — command
Smith — market

Answer 1

Smith – market is the correctly matched option.

Explanation:

• Adam Smith was a strong believer in the concept of a free market. He was a famous personality of the 18th century. He was an economist and philosopher.

• He wrote a famous book describing his ideas in 1776. The name of the book is "The Wealth Of Nations".

• He emphasized the assembly line production methods as well as gross domestic products.