Get detailed and accurate responses to your questions with IDNLearn.com. Get accurate and detailed answers to your questions from our dedicated community members who are always ready to help.

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


Sagot :

Adam Smith was an earlier capitalist philosopher who believed in the strength of the free market and the ability for optimum and fair prices for goods to be determined by a free market. With the ability to buy and sell goods freely, the market would determine the best price according to Adam Smith. 

through competion between buisnesses