Answer:
Explanation:
In his book "The Wealth of Nations" in 1776, Adam Smith presented a number of economic factors which will influence individuals towards a capitalistic economy.
In his book, he emphasized the concept of laissez faire to establish a free trade system. He discusses the principle of self-interest in a capitalist system as a driving factor to prosperity. He believes that most individuals have one primary economic motivation which is to amass profit and make more money.
Smith also advocated for a free-market so that there will be availability of better employment opportunities and competition in the market.
