Author Question: Both Adam Smith and Karl Marx argued that market exchange and competition would lead to lower ... (Read 33 times)

Pineappleeh · **on:** Aug 11, 2018

Both Adam Smith and Karl Marx argued that market exchange and competition would lead to lower prices, higher profits, and increased prosperity for all segments of society.

Indicate whether the statement is true or false.

Question 2

The predominant form of economic exchange found in chiefdoms is redistribution.

Indicate whether the statement is true or false.