As traditionally communist countries move from economies based on pure socialism to economies that combine the best of socialism and capitalism, there has been great debate. Which of the following would best represent the beliefs of followers of Smith and Locke toward mixed economies?
A. government intervention tolerate by mixed economies does more harm than good.
B. allowing businesses to operate without government oversight worsens economic problems
C. mixed economies diminish utilitarian benefits of free markets in terms of human rights
D. governments will favor business interests
Answer: A. government intervention tolerate by mixed economies does more harm than good.
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