What are three basic roles Adam smith gave the government?

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2026-04-30 12:55

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Adam Smith identified three basic roles for government in his work "The Wealth of Nations." First, the government should provide national defense to protect the country from external threats. Second, it should administer justice through a legal system to enforce contracts and protect property rights. Lastly, the government is responsible for providing public goods and infrastructure that the private sector cannot efficiently supply, such as roads and education.

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