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.\n□ they led to freedom of choice for consumers and producers.\n□ they led to fixed prices for consumers and producers.\n□ they led to open competition for consumers.\n□ they led to individual ownership of property.\n□ they led to more government spending and increased demand.\n□ they 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.\n□ they led to freedom of choice for consumers and producers.\n□ they led to fixed prices for consumers and producers.\n□ they led to open competition for consumers.\n□ they led to individual ownership of property.\n□ they led to more government spending and increased demand.\n□ they 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 is a key aspect as it allows for individual decision - making in the market. Open competition benefits consumers by providing more options. Individual property ownership is also a fundamental part of free - enterprise. Fixed prices go against free - market dynamics, more government spending is not a direct result of Smith's ideas, and 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.