Multiple choice

You would associate the theory of 'Laissez Faire' with �

  1. JK Galbraith

  2. JM Keynes

  3. Adam Smith

  4. David Ricardo
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Adam Smith is the economist most closely associated with the 'Laissez-faire' theory, which advocates for minimal government interference in economic affairs. He argued that an 'invisible hand' guides the market toward efficiency when individuals pursue their own interests. This concept is a cornerstone of classical economics.

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