cynthia1099
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  • 26-01-2017
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What were Adam Smith's 3 natural laws of economics?

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ssethupathi2019 ssethupathi2019
  • 26-01-2017
1) The law of self interest - when people work for themselves and their own good
2) The law of competition - people make better products because of competition
3) The law of supply and demand - enough goods would be produced or supplied at the lowest price to meet the demand in a market
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