Adam Smith believed that if people were free to pursue their own interests,

Select one:
A. less would be produced than if altruism were the guiding principle.
B. they would have little incentive to undertake productive activities.
C. public interest would be served quite well.
D. they would generally apply their talents to unproductive activities that would generate little value to society.
E. virtually all people would over time develop a tendency to grow soft, playing video games and eating cake in the hot tub.



Answer :

Final answer:

Adam Smith believed that individuals pursuing their own interests could lead to positive social outcomes through the concept of the invisible hand.


Explanation:

Adam Smith believed that if people were free to pursue their own interests, it would lead to positive social results. In his book The Wealth of Nations, Smith introduced the concept of the invisible hand, where individuals' pursuit of self-interest can unintentionally benefit society as a whole.


Learn more about Adam Smith's concept of the invisible hand here:

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