Adam smith believed the government’s role in laissez-faire capitalism was

to distribute wealth equally.
to set prices and wages.
to control the economy.
to leave the economy alone.

be sure before you answer !

The correct answer is to leave the economy alone.

Adam Smith wrote a famous book about economics known as the Wealth of Nations. In this book, Smith argues that the economy operates best when the government does not interfer with the affairs of businesses. This idea is known as laissez faire capitalism.

Instead, Smith believes that businesses will regulate each other through the invisible hand. The invisible hand is a concept that states that the competition between business will ensure that business owners make the decisions that are best for the consumer. This philosophy was a significant part of the economy in America during the Gilded Age.

b) the confederacy had to pay all union war expenses.

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