Adam Smith famously argued for a very limited role of the government in the economy. Therefore, option B is the correct option.
Who was Adam smith?
Adam smith was a British. He was a philosopher and economist. Adam smith is famous and well known for his works in economical concepts, Scottish enlightenment, and pioneering political economy.
He suggested a limited role and function of the political government in the market and the economy since he believed in the concept of the “invisible hand of the market”. Howeveer he also agreed that there are some sectors where the market or private owners would not be participating much and the government will enjoy the monopoly.
Famously, Adam Smith maintained that the government should play a very small part in the economy. As a result, choice B is the best one
Learn more about Adam smith here
https://brainly.com/question/21764310
#SPJ 1
