Question

wealth brings with it its own checks and balances. the basis of political economy is non - interference. the only safe rule is found in the self - adjusting meter of demand and supply. do not legislate.... make equal laws: secure life and property, and you need not give charity. open the doors of opportunity to talent and virtue, and they will do themselves justice, and property will not be in bad hands. in a free and just commonwealth, property rushes from the idle lazy and brainless, to the industrious, brave, and persevering. read the quotation by ralph waldo emerson. according to both emerson and adam smith, what guarantees success in a free market system? individual freedom public ownership government regulation trade barriers

Explanation:

Adam Smith emphasized the "invisible hand" of the market, relying on individual self - interest and free trade. Emerson's quote here talks about non - interference (like "Do not legislate"), equal laws, securing life and property, and opening opportunities. "Individual freedom" aligns with the idea of a free market where people can act on their own (pursue talent, virtue, and economic activities) without excessive government control. Public ownership is more of a socialist concept, government regulation goes against the "non - interference" idea, and trade barriers restrict the free market. So the correct option is individual freedom.

Answer:

A. individual freedom