Question

9:52 PM 2.5 pts DI Question 4 Adam Smith believed that O Government regulation is needed in most O Free markets are the best policy, although taxes are necessary O People always look out only for their own self- interest O A natural price is the same as a market price. D Question 5 2.5 pts Robert Owen O preferred that entire family units work in his factories. O opposed the formation of unions O squeezed the most profit possible out of his workers O found factory work at an early age stunted growth and intelligence. Question 6 2.5 pts After the 1815 Congress of Vienna O France was crushed politically.

Answer 1

Q.4. Option A is correct as adam smith believed the need of government in most bussiness

According to him the government should implement contracts & grant patents as well as provide copyrights to promote the novel bussiness ideas. More over government should take an action to subsidise newly established industry or the factory.

Q.5. Option A is correct Because

Robert Owen preferred that entire family units work in his factory. He worked for the full welfare of his workes. He worked for the schooling for the children of his workers.