Why did Adam Smith oppose mercantilism?
A. Mercantilism required government regulation of trade.
B. Mercantilism led to the maximum well-being of society.
C. He thought that feudalism was the best economic system.
D. He wanted a return to a traditional economy

Explanation: Smith thought that the wealth of a nation was not demonstrated in the amount of precious metals that it had, but in the capacity of that country to produce and in the commerce, in the free interchange to increase the productivity and that the exports can be so valuable as imports. He did not share the idea that through extensive government controls wealth was built, that those controls were necessary to achieve prosperity.

Why did Adam Smith oppose mercantilism? A. Mercantilism required government regulation of trade. B. Mercantilism led to the maximum well-being of society. C. He thought that feudalism was the best economic system. D. He wanted a return to a traditional economy

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Why did Adam Smith oppose mercantilism?
A. Mercantilism required government regulation of trade.
B. Mercantilism led to the maximum well-being of society.
C. He thought that feudalism was the best economic system.
D. He wanted a return to a traditional economy