Asked by Stephine Browning on Jun 25, 2024
Verified
Adam Smith argued that a person's self-interest was determined by the government.
Adam Smith
Known as the father of modern economics, he was an 18th-century philosopher best known for his theories on free market economics and the invisible hand concept.
Self-Interest
What is in the best interest of and benefit to an individual.
- Familiarize oneself with the core ideas and theoretical frameworks of motivation in organizational behavior.
Verified Answer
FA
Fahad AlotaibiJun 28, 2024
Final Answer :
False
Explanation :
Adam Smith argued that individuals acting in their own self-interest, without government intervention, would lead to economic prosperity and efficiency, a concept known as the "invisible hand."
Learning Objectives
- Familiarize oneself with the core ideas and theoretical frameworks of motivation in organizational behavior.
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