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According to Adam Smith, What Should Be the Role of Government

Question 80

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According to Adam Smith, what should be the role of government in a capitalistic society?


A) collective ownership of land and resources, distribution of goods and pay according to work done and owner of industries
B) to redistribute wealth by taxing the private sector, promote social objectives, and centrally plan the economy
C) limited to providing defence against foreign enemies, ensuring internal order, and furnishing public works and education
D) controlling interest in industry, distribution of resources, and promoting social objectives

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