Asked by Stephine Browning on Jun 25, 2024

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Adam Smith argued that a person's self-interest was determined by the government.

Adam Smith

Known as the father of modern economics, he was an 18th-century philosopher best known for his theories on free market economics and the invisible hand concept.

Self-Interest

What is in the best interest of and benefit to an individual.

  • Familiarize oneself with the core ideas and theoretical frameworks of motivation in organizational behavior.
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Fahad AlotaibiJun 28, 2024
Final Answer :
False
Explanation :
Adam Smith argued that individuals acting in their own self-interest, without government intervention, would lead to economic prosperity and efficiency, a concept known as the "invisible hand."