In The Wealth of Nations (1776), Adam Smith made all of the following arguments for laissez-faire capitalism, EXCEPT
A. firms will produce a good when there is a demand for it.
B. certain areas of the economy were better run by government agencies.
C. the government should not be allowed any role whatsoever in the economy.
D. private firms should be left alone to make their production and distribution decisions.
E. the desire for profit is the invisible hand that guides a capitalist system.
Answer: C
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