The Benefits of Free Market Economies

Prompt: Consider and explain how Adam Smith might argue that a free-market (i.e. an economic system in which market forces are allowed to play out without governmental influence) would benefit even the worst-off members of society. How might allowing people to pursue their own interests end up benefiting everyone? Do you think that Smith is right to believe it will? Please use the attached reading as the basis for this essay, and support arguments with quotes from this reading. Please refer to all attached handouts for guidelines.

Smith_The Wealth of Nations Critical Essay_Formatting Guidelines Critical Essay Rubric Critical Essay_Grading Comments