Practicing Success
It is not from the benevolence of the butcher, the brewer, of the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages. The above statement is cited in support of which of the following options? |
Free market economy Socialist economy Mixed economy None of above |
Free market economy |
In free market economy, businessmen give priority to their self-interest (earning profits) over the welfare of society as a whole. The above statement hints towards the same meaning. |