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Question
the three main ideas behind capitalism as defined by adam smith are
free markets, laissez-faire, and fair taxes.
competition, self interest, and laissez-faire.
laissez-faire, regulation, and self interest.
competition, free markets, and trade limits.
Adam Smith's core ideas for capitalism center on self-interest (driving economic activity), competition (regulating markets), and laissez-faire (minimal government intervention). The other options include elements he did not emphasize as foundational: fair taxes, regulation, and trade limits contradict his laissez-faire and free market principles.
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competition, self interest, and laissez-faire.