Adam Smith is most famous for
supporting free markets. He did however
believe that the government had a role in society but that it should be
limited. Frist was the government duty
to protect society from invasion from other independent societies. Second was
protecting members of society from injustice or oppression from each
other. And lastly was to protect the infrastructure,
educational system and a health care system.
Smith had a referred to as the “invisible hand” in which the public
controlled the supply and demand of the economy.
