Which economist of the Industrial Age believed that a government should not interfere with businesses. His ideas became the basis for Capitalism.?

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2026-04-04 16:35

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The economist of the Industrial Age who believed that government should not interfere with businesses was Adam Smith. He argued that free markets, guided by the "invisible hand," would lead to economic prosperity and efficiency. His seminal work, "The Wealth of Nations," laid the foundation for modern capitalism by advocating for minimal government intervention in economic affairs.

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