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the three main ideas behind capitalism as defined by adam smith are fre…

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.

Explanation:

Brief Explanations

Adam Smith's core capitalist ideas center on self-interest (driving economic activity), competition (regulating markets), and laissez-faire (minimal government interference). Other options include inconsistent elements: fair taxes are not a core Smithian tenet, regulation contradicts laissez-faire, and trade limits oppose his free market views.

Answer:

competition, self interest, and laissez-faire.