39
practice examMultiple Choice

Practice Exam

Question 39 • Economics

How did Adam Smith’s economic ideas help the United States establish a free enterprise system? Choose three correct answers.

Answer
A
They led to fixed prices for consumers and producers.
B
They led to limited choice and communal ownership of property.
C
They led to individual ownership of property.
D
They led to open competition for consumers.
E
They led to freedom of choice for consumers and producers.
F
They led to more government spending and increased demand.
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