Adam Smith's idea was that, in a capitalist system, government ...

[sarasara]

Adam Smith's idea was that, in a capitalist system, government tells businesses what to produce and government also tells consumers what to buy.
 
  Indicate whether the statement is true or false.

Question 2

Combining a market-based economy with an extensive social welfare program yields what is called welfare capitalism.
 
  Indicate whether the statement is true or false.

[miss_1456@hotmail.com]

Answer to Question 1

Answer: False

Answer to Question 2

Answer: True

[sarasara]

Thanks for the timely response, appreciate it

[helenmarkerine]

Excellent