how did adam smiths economic ideas help the united states establish a free enterprise system? check all that…

how did adam smiths economic ideas help the united states establish a free enterprise system? check all that apply.\nthey led to freedom of choice for consumers and producers.\nthey led to fixed prices for consumers and producers.\nthey led to open competition for consumers.\nthey led to individual ownership of property.\nthey led to more government spending and increased demand.\nthey led to limited choice and communal ownership of property.

how did adam smiths economic ideas help the united states establish a free enterprise system? check all that apply.\nthey led to freedom of choice for consumers and producers.\nthey led to fixed prices for consumers and producers.\nthey led to open competition for consumers.\nthey led to individual ownership of property.\nthey led to more government spending and increased demand.\nthey led to limited choice and communal ownership of property.

Answer

Brief Explanations:

Adam Smith's ideas emphasized free - market principles. Freedom of choice for consumers and producers, open competition, and individual property ownership are key aspects of a free - enterprise system. Fixed prices go against free - market dynamics. More government spending is not in line with Smith's laissez - faire approach. Limited choice and communal ownership are contrary to free - enterprise.

Answer:

They led to freedom of choice for consumers and producers. They led to open competition for consumers. They led to individual ownership of property.