Which of the following is generally accepted as a valid criticism of the production of useful goods and services?
A. government involvement
B. the black market
C. environmental pollution
D. economic freedom
Answer:C
Which of the following is generally accepted as a valid criticism of the production of useful goods and services?
A. government involvement B. the black market C. environmental pollution D. economic freedom
Explanation: 9. In the first chapter of The Wealth of Nations, Smith introduces the idea of the __________, which means the way in which the work required to produce a good or service is divided into a number of tasks that are performed by different workers.