Answers HSSWH World History Sem 1 26-27 New Economic TheoriesQuestion 6

6

QuizMultiple Choice

New Economic Theories

Question 6 • [HSSWH] World History, Sem 1 (26-27)

Adam Smith believed that fair prices for goods are determined in a capitalist system

Answer

A

through competition between businesses.

B

by government regulation of businesses.

C

by setting limits on imports and exports.

D

through competition between consumers.

More from this Course

10 verified answers

The Industrial Age

10 verified answers

Age of Reform

10 verified answers

The New Imperialism