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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 emphasized competition among producers and consumers, self - interest as a driving force, and laissez - faire (minimal government intervention) in his view of capitalism. Free markets operate with competition and self - interest under a laissez - faire framework.
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B. competition, self interest, and laissez - faire.