Highest degree of opulence from lowest barbarism

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Adam Smith wrote, "Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things."

Which of the following public policies most closely aligns with Adam Smith's statement?

  • Protect property rights and promote political stability.
  • Invest in education.
  • Improve the population's health and nutrition.
  • Encourage investment from abroad.

Reference no: EM131806106

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